The Dollar rose on Monday as investors saw the greenback as a safe haven after oil prices plummeted to record levels the day before.
Crude WTI Futures slid into negative territory for the first time to -$37.63 during an earlier trading session.
The U.S. Dollar Index that tracks the dollar against a basket of other currencies rose by 0.23% to 100.285 by 12:11 AM ET (5:11 AM GMT).
The Japanese Yen (JPY) fell by 0.04% against the Greenback to ¥107.56.
The British Pound Sterling (GBP) fell by 0.25% to $1.2405.
Down under, the Australian Dollar (AUD) slid by 0.49% to $0.6394 while the New Zealand Dollar (NZD) was down by 0.68% to $0.5994. The commodity-linked Antipodean currencies saw losses following the souring risk sentiment as oil prices slumped.
The Chinese Yuan (CNY) gained 0.20% to $7.0862.
The Dollar fell to two-year lows on Friday, heading to its lowest decline in 10 years as concerns mounted over the economic recovery of the U.S. amid a second resurgence of the COVID-19 pandemic. The Dollar index plunged to 92.777, on course ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
Oil prices fell on Thursday as the rising global coronavirus cases weighed on fuel demand recovery just as OPEC+ producers are set to increase supply. The Brent contract for October slid 0.05%, or 2 cents, at $44.07 per barrel, while the September ...
The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurgence stalled economic recovery. The dollar ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...