USD: Dollar strong due to Delta concerns

The dollar is still benefitting from its status as a ‘safe-haven’ currency due to global concerns about the Delta variant.

It’s at the strongest it has been against the euro since early April and as at its highest point since January against the pound. The Dollar the best performer in the G10 segment of major currencies for 2021.

The UK was placed onto the US State Department’s ‘do not travel list’ on Tuesday, due to surging COVID-19 cases across the country.

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