FTSE 100 LIVE: Dollar soars following explosive Trump vs Biden US presidential debate | City & Business | Finance
US president Donald Trump and Joe Biden faced off in their final presidential debate before the Nov 3 election in the early hours of this morning. The US Dollar Index inched up 0.08 per cent to 93.043. Although the dollar remained above Wednesday’s seven-week low, it was down 0.7 percent for the week and remained in the bottom half of a months-long range.
Meanwhile, the yen saw its highest weekly rise since mid-September, reversing some overnight losses after House of Representatives Speaker Nancy Pelosi expressed optimism about a consensus on the latest stimulus measures.
Investors also turned to the safe-have yen over the anticipated turbulent trade ahead of the election.
The AUD/USD pair inched down 0.04 percent to 0.7112. Across the Tasman Sea, the NZD/USD pair inched down 0.10 percent to 0.6667.
The USD/CNY pair inched up 0.02 percent to 6.6835.
FOLLOW BELOW FOR LIVE UPDATES FROM EXPRESS.CO.UK