The U.S. dollar rose in the European market on Thursday for the first time in the last four days against a basket of global currencies, as part of attempts to recover from its lowest level in two weeks, driven by active buying from lower levels.
This rise comes amid easing concerns over financial stability in the United States, especially after the Republican-controlled U.S. House of Representatives approved the tax bill imposed by Trump and referred it to the Senate.
The Dollar Index rose by 0.25% to the level of 99.87 points, from the opening level of today's trading at 99.63 points, and recorded a low of 99.44.
