Forex Top Story

Dollar Loses Ground As Risk Sentiment Improves

The U.S. dollar shed ground against its major counterparts on Wednesday amid optimism about global economic growth despite the surge in Omicron cases.

A report from the Conference Board showed its consumer confidence index climbed to 115.8 in December from an upwardly revised 111.9 in November. Economists had been expecting the consumer confidence index to inch up to 110.7 from the 109.5 originally reported for the previous month.

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by RTTNews Staff Writer

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