Forex Top Story

Dollar Recovers After Early Weakness, But Struggles To Hold Gains

After extending losses from previous session, the U.S. dollar rebounded in late morning trades on Wednesday, gaining a bit of ground against some of its peers.

A sell-off in the stock market pushed up the dollar, but the currency's gains were capped due to hopes about economic recovery following the rollout of coronavirus vaccine, and on optimism about a fiscal stimulus.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Forex Top Story