Dollar Edges Higher; Covid Cases Rise in Asia


Source: yahoo.com yahoo.com

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By Peter Nurse Investing.com - The dollar edged higher in early European trade Monday, with this safe haven supported by concerns over fresh Covid-19 outbreaks in some Asian countries. However, gains are small ahead of the minutes of the latest Federal Reserve meeting. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 90.382. EUR/USD traded 0.1% lower at 1.2130, GBP/USD was down 0.1% at 1.4090, just off a two-and-a-half month high as Britain reopens its economy after a four-month lockdown. USD/JPY was 0.1% lower at...