FTSE 100 LIVE: Dollar soars following explosive Trump vs Biden US presidential debate | City & Business | Finance


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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.

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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. 


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