| Previous Close | 4.5200 |
| Open | 4.5225 |
| Bid | 4.5190 |
| Day's Range | 4.5143 - 4.5400 |
| 52 Week Range | 4.3699 - 4.6702 |
| Ask | 4.5216 |
- Investing.com
Dollar Heads Higher; Sterling Slips on GDP Release
The dollar has strengthened in early European trade Monday, with investors seeking out this safe haven after the Covid-19 outbreak forced the biggest reversal of U.S. economic reopening to date and the U.S. and China squared off over territorial disputes in the South China Sea. The number of Covid-19 cases globally has now passed the 13 million mark, according to Johns Hopkins University data, jumping by one million cases over the last five days. This has resulted in demand for the dollar as hopes of a quick economic recovery fall, with some countries, including the U.S., re-imposing lockdown measures to curb the spread of the virus.
© 2021 Verizon Media. All rights reserved.
