U.S. Dollar Index (DX) Futures Main Trend Changes to Down on Trade Through 90.030

The U.S. Dollar is down against a basket of peers late Tuesday as a shift in risk sentiment encouraged investors to move their money into riskier, higher-yielding currencies. The session started with the greenback underpinned by mounting coronavirus cases and general nervousness ahead of the U.S. Federal Reserve’s policy announcements on Wednesday. The dollar index, however, dropped suddenly shortly after data showed U.S. consumer confidence rose moderately in January. At 20:42 GMT, March U.S. Dollar Index futures are trading 90.135, down 0.238 or -0.26%. The Conference Board’s consumer confidence index increased … (full story)

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