Asian session review: the dollar rose against the world's major currencies

During today's Asian trading, the US dollar rose against major world currencies amid demand for safe haven assets due to a jump in the incidence of coronavirus and the approach of the US presidential election.

Since the beginning of the COVID-19 pandemic, 46.5 million cases of coronavirus infection have been recorded worldwide, according to data from the American Johns Hopkins University. On Friday, a record number of cases were detected in the United States - more than 99 thousand.. Since the beginning of the pandemic, more than 9 million infections have been recorded in the country, including 1 million in the last two weeks.

British Prime Minister Boris Johnson on Saturday announced the introduction of a light version of the self-isolation regime for four weeks in England from November 5 due to the growing rate of spread of the COVID-19 coronavirus.

Traders this week are waiting for the results of the meeting of the US Federal reserve and the Bank of England.

The yuan is stable against the dollar. The purchasing managers' index (PMI) in China's industry in October was 51.4 points compared with 51.5 points a month earlier, which is the highest level since March, according to data from the National Bureau of Statistics. Meanwhile, the PMI for services and construction reached its highest level in seven years in October. The indicator was 56.2 points against 55.9 points a month earlier. The indicator is above the 50-point mark for the eighth consecutive month.

The ICE index, which tracks the dynamics of the US dollar against six currencies (Euro, Swiss franc, yen, canadian dollar, pound sterling and Swedish Krona), rose 0.14%, being near the highest level in the last four weeks.