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Dollar resume gains across the board

EURUSD News by Newsroom on 17:00 November 04, 2019 EST

The dollar index rose on Monday, after five straight days of losses, with investors more guarded despite increased risk appetite that helped U.S. stocks and Treasury yields higher on hopes of a final U.S.-China trade deal resolution.

The dollar last week fell as a safe haven as trade deal expectations with China improved and U.S. economic data showed stability, particularly with Friday’s U.S. non-farm payrolls report for October being better than expected.

EURUSD trades below 1.11 while GBPUSD dives below 1.29.