09.08.2020 EUR/USD Daily Analysis
The dollar weakened in early European trade Thursday, with traders seeking out riskier currencies as a bet on economic growth, denting safe-haven demand for the U.S. currency.
At 2:55 AM ET (0655 GMT), the
dollar index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 96.252, dropping over 1% over the last week.
EUR/USD was up 0.2% at 1.1356.