The Dollar was seemed down in Asia on Tuesday morning and the COVID-19 cases will climb the data day by day.
The Coronavirus cases passed 13 million globally according to the data reported by the Hopkin university. Due to that, the dollar got an additional boost for the fast economy recovery re-imposing the lockdown measures to cure the spread of the coronavirus.
The senior foreign-exchange strategist at IG Securities told that ” The focus to shifted to whether or not the next round of coronavirus lockdowns will be large enough to damage economic growth”.
The US Dollar will go and tracks the greenbacks against the other currencies that will gain 0.3% to 96.537 by 9:36 ET.
The cable pair seemed down at level 1.2551 with 0.01%.
The USD/JPY pair was previously traded at 0.06% to 107.19. Instead of that the USD/CNY pair will be jumped and reached the gain at level 0.20% to 7.0099.