• Open Account
  • Premium
  • Saturday 28 March 2020

    Dollar soars as number of infected increases

    The dollar has found itself selling off this week as the number of affected american citizens raises beyond expectations causing investors to sell the United States Dollar. the number of affected american citizens has rose over 50 000 this month alone and the number of deaths has reached 800, and the number of cases is continually increasing at an uncontrollable manner which has affected the US dollar significantly.

    Recommended Article: Coronavirus Continues To Affect Markets

    With china having reduced the number of new cases to almost zero, the united states dollar has been experiencing a lot of selling in the the markets. Below we have attached a picture of the dollar index and how it has dropped significantly in the past two weeks as the number of confirmed cases increase in USA.

    Sifiso Nkwanyana

    Author & Editor

    I hope you have recieved all the information you seek and thank you once more for browsing our website we hope to hear from you soon.


    Post a Comment

    Although every comment is appreciated, due to time limitations I might not be able to respond to everyone. Keep it in mind that we respect all comments by our readers but all spam comments and spam links will be deleted. Thanks for understanding!