Today, the dollar snapped a week of declines, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened lockdowns to fight the coronavirus.
Over the past two weeks the dollar first posted its biggest weekly rise since the 2008 financial crisis and then its biggest weekly drop since 2009.
The dollar index rose as much as 0.7% to 98.992 USD, the Euro dropped 0.6% to $1.1077, while sterling weakened as much as 1% to $1.2318 before rebounding somewhat.