The US dollar is still playing at a 3-week low on Tuesday as traders view the US economic outlook (U.S.) as declining.
American consumer sentiment fell unexpectedly in early February amid rising pessimism about the economy among households with annual incomes below $ 75,000. A separate survey by Reuters found job growth was slower in the coming months.
As a result, Citigroup's economic shock index for the United States fell to its lowest level since early January and was below its eight-month low. This indicates that hopes for economic recovery in the U.S. will be limited.
The US dollar index, which measures the greenback against the major, recorded a decline of 0.09% to the exchange rate of 90,370 as of 11.15 p.m.
The weakness of the US dollar was also driven by the collapse of the U.S. treasury, which had previously driven the strengthening of the US dollar. On the other hand, the sterling currency continued to strengthen to the April 2018 high at the $ 1.3946 exchange rate. The euro strengthened to 0.3% to $ 1.2166 to retest the new resistance at that level.
