The U.S. Dollar Index drops to 1- year lows of 92.35

The U.S. Dollar Index went lower to a 1-year low. In the last few hours of the session the greenback dove deeper against a basket of major currencies and was further positioned in the negative territory against commodities and emerging market currencies.

The U.S. Dollar Index fell to 92.35 which is the lowest level since June 2015. The Dollar currently stands at 92.45, which is a daily drop of 0.40%.

The rally of EUR/USD also pushed the greenback further into the red zone as the pair reached 1.1900 for the first time since January 2015.

Gold falls from its seven-week high

Gold fell from its seven-week high in the latest market session as investors realized recent profits. Investors also tended to invest in riskier assets encouraged by reports indicating stronger economic growth in Europe and by a rise in the U.S. stock market.

Spot Gold dropped by 0.05% closing at $1,267.68 per ounce. U.S. gold futures for December went lower by 0.08% finishing the trading session at $1,276.40.

In the energy markets, Oil prices closed mixed. Brent crude went higher by 0.23 percent finishing the session at a level of $52.24 per barrel. West Texas Intermediate (WTI) crude, in contrast, slipped 0.18 percent towards $49.50 per barrel.

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