Investing.com investing.com 22 Dec, 2020 02:45 am

Here Is How The U.S. Dollar Could Trade This Holiday Week

Here Is How The U.S. Dollar Could Trade This Holiday Week
Forex Analysis by Kathy Lien covering: GBP/USD, Dow Jones Industrial Average, GBP/EUR, US Dollar Index. Read Kathy Lien's latest article on Investing.com

GDP and existing home sales are due to be released Tuesday, followed by personal income , personal spending , new home sales and the final University of Michigan consumer sentiment report .The Dow Jones Industrial Average fell more 400 points shortly after the New York open, but ended the day flat.5-year lows this year, while the Dow Jones Industrial Average hit record highs.The most important of these concerns is the mutant coronavirus strain.

The only question is whether investors are worried about the new coronavirus strain.Euro Losing Its Weight By Dmitriy Gurkovskiy So, the USD has moved away from its lows 30-month lows against the euro; at the moment, the American currency continues strengthening.

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