The Dollar Exchange Rate Today April 11 witnesses the Euro to trade flat to higher against U.S. Dollar on low volume, while the US Dollar is getting weaker. 

The Dollar Exchange Rate Today April 10 saw the Euro to rise sharply after the US Federal Reserve (FED) announced the implementation of a $2.3 trillion stimulus package to support the economy. 

The dollar exchange rate today has slightly moved downwards. According to analysts at Rabobank, the US dollar could continue to benefit on the coronavirus panic while the euro might suffer from downside pressure.

The sharp decline in the stock market in March led investors to move to cash positions which led to a rally in the dollar exchange rate today to highs not seen in three years last month.

The US Dollar exchange rate seems to be rallying on up-days in the stock market, and Monday was no different as it handled the Euro and Japanese Yen nicely. With the Federal Reserve printing a ton of money, investors seem reluctant to go all-in on the greenback; however, as “fighting the Fed” has been a tough strategy in the past (reported Exchangerates)