US Dollar (DXY) Forecast - Picking Up A Bid As Stimulus Deal Hopes Fade
October 17, 2020 at 13:36 PM EDT
The US dollar picked up a risk-averse bid this week, nudging the DXY higher. The USD picked up a boost from a weaker Euro, but was unable to break above 94.00. The greenback is likely to keep this risk-off bid as the US presidential election looms.