The U.S. dollar strengthened on Tuesday (October 6), after U.S. President Trump stated that he had cancelled negotiations with the Democratic Party on the new coronavirus rescue plan, which put the economic recovery into question and prompted investors to turn to the U.S. dollar to avoid Risk assets.
Trump said a day after he was discharged from the hospital that he instructed his representatives to stop negotiations on a new fiscal stimulus bill before the end of the US general election on November 3.
The Speaker of the U.S. Senate Pelosi said that President Trump is unwilling to fight the COVID-19 and the White House is "obviously" in a state of disorder.
After Trump stated on Twitter, the US dollar and Treasury bonds rose, while spot gold and US stock markets fell.
At the end of the U.S. market, the U.S. dollar index closed at 93.84, up 0.43%, hitting the highest intraday 93.86 and the lowest 93.34.
Spot gold closed at US$1,877.76 per ounce, a sharp drop of US$34.48 or 1.80%. The highest intraday hit US$191.45 per ounce and the lowest touched US$1874.05 per ounce, a drop of 2%.
Spot silver once expanded to 6.0%, closing at 23.07 US $/ounce, down 1.28 US $, the lowest intraday hit 22.83 US $/ounce.
Source: The New York Times
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن