Greenback is off recent peaks after FBI's move on Clinton

On Monday, the evergreen buck went up, staying on track for a monthly revenue, though remained shy of recent peaks, as market participants became less sure that Hillary Clinton would actually win the American presidential election right after the FBI's fresh probe into her private email use.

The dollar index, traditionally tracking the major American currency against six major currencies, managed to gain 0.1%, reaching 98.418, up 3.1% for October and probably to match May's revenue, though quite below last Tuesday's almost nine-month peak of 99.119.

The evergreen buck slumped late on Friday after the Federal Bureau of Investigation disclosed its probe of newly discovered emails closely connected with Clinton's use of a private server, thus rocking the Democratic candidate's campaign just days ahead of the November 8 election.

Markets saw the issue handing an advantage to Republican nominee Donald Trump, who has been trailing Clinton in surveys, though has demonstrated some signs of moderate improvement in recent days.

Against the Japanese yen, the greenback tacked on 0.1%, trading at 104.77 yen.

Scroll to top