The dollar edged lower in European trading Thursday, with investors seemingly prepared to move out of the safe haven into riskier currencies ahead of key U.S. unemployment data.
At 3 AM ET (0700 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 99.640, down 0.1%. EUR/USD fell 0.2% to 1.0939, while GBP/USD rose 0.3% to 1.2418. USD/JPY climbed 0.1% to 107.28.
The outbreak of the pandemic has caused developed economies to virtually close down as governments attempt social distancing policies to stem the spreading of the virus.
Source : Investing.com