Written By Lexx Thornton After witnessing a steep decline and falling to a four-year low against the Euro on Tuesday, the US Dollar rose marginally on Wednesday ahead of the US Federal Reserve Meeting. The dollar index, which tracks the US currency against six major peers, rose 0.20 per cent to 96.84 after touching 96.554 on Tuesday. Despite this uptick, the index has dropped nearly 11 per cent so far this year, and investors anticipate further declines following its recent pause. On the contrary, the Euro rose 0.5 percent to reach $1.827 on Tuesday, marking its strongest level since September
The post Is The U.S. Dollar Falling? appeared first on HBCU News.
