The USD Into A Solid Position

The USD is further demonstrating some muscle today, boosted by remarks from the head of the Fed that the outbreak of the deadly coronavirus in China.

Now, the Euro versus the USD trades at $1.0912, which is a decline of $0.00025 or 0.02% from the previous close of 1.09151.

The daily range is from $1.0902 to $1.0925, while the trading volume is 54.959K. The U.S. Dollar Index marked 98.627, a rise of 0.1%, heading to values from mid-October, 2019.

Moreover, the U.S. Federal Reserve Chairman Jerome Powell state that before U.S. lawmakers that the central bank is focused on the fallout from the deadly coronavirus outbreak in China.