Forex Today: US Dollar retreats on Trump's Inauguration Day

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Forex Today: US Dollar retreats on Trump's Inauguration Day
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Here is what you need to know on Monday, January 20: The US Dollar (USD) stays on the back foot to start the week as investors gear up for Donald Trump's second inauguration.

Here is what you need to know on Monday, January 20: The US Dollar stays on the back foot to start the week as investors gear up for Donald Trump's second inauguration. Meanwhile,stock and bond markets in the US will be closed in observance of the Martin Luther King Jr. Day holiday on Monday. US Dollar PRICE Today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the weakest against the British Pound.

Despite a bearish start to the previous week, Gold extended its rebound and posted modest gains. XAU/USD stays relatively quiet on Monday but manages to hold comfortably above $2,700. US Dollar FAQs What is the US Dollar? The US Dollar is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes.

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