The dollar rose against a basket of currencies yesterday, as a wave of exit from dense "city centers" combined with demand for the currency as a safe haven, to give it a breathtaking opportunity after a month that was the worst for it in 10 years.
The dollar index, which measures the strength of the currency against a basket of major currencies, lost more than 4% in July 2020, in its worst month since September 2010, noting that the index is 10% lower than the peak of March 2020.
The net debt positions of speculators in the dollar, rose to their highest levels since August 2011 at 24.27 billion dollars, as shown by accounts conducted by «Reuters» and data from the US Futures Trading Commission.
The dollar index rose 0.2% yesterday, as the US currency rose against all currencies of the index basket.
In turn, the euro recorded 1.1763 dollars in morning trading in the British capital London.