US Dollar Possible Rebound This Week After Steep Drop

21.04.2021
Technical Analysis

The U.S. dollar climbed in late trading on Tuesday, following a noticeable drop in the prior session.

The dollar index, which measures the greenback against six major peers, rose 0.19 percent at 91.2419.

U.S. DOLLAR CURRENCY INDEX.

In late New York trading, the euro decreased to 1.2029 U.S. dollars from 1.2039 dollars in the previous session, and the British pound was down to 1.3928 dollars from 1.3989 U.S. dollars in the previous session. The Australian dollar fell to 0.7715 U.S. dollar from 0.7760 dollar.

EURO / U.S. DOLLAR.

The U.S. dollar bought 108.11 Japanese yen, higher than 108.09 Japanese yen of the previous session. The U.S. dollar rose to 0.9161 Swiss franc from 0.9145 Swiss franc, and it rose to 1.2617 Canadian dollars from 1.2531 Canadian dollars.

On Monday, the U.S. dollar suffered a major setback with the dollar index falling 0.53 percent to 91.0709 in late trading.