The U.S dollar dropped amid worries about the second wave of COVID-19 caseloads in the emerged markets.
Investors tilted more towards the dollar as it edged up 0.19% to 93.920 by 4.40 am GMT.
The US dollar index was up 0.23% to trade at 93.977 earlier on Friday.
Amid rising COVID-19 caseloads and other militating factors, the greenback recently surged high.
Currency traders are now adding more bets on the U.S dollar especially against the euro.
The US dollar is stronger this morning on the back of a marked drop in risk appetite in European and US markets.
Tether treasury minted a whopping 250 million USDT, as seen on Whale Alert
The US dollar is weaker as traders placed a very dovish spin of the Fed shift to inflation targeting.
Global Stocks ended the week mixed on the present prevailing macros.
The drop is speculated to have been caused by the high number of Americans who claimed unemployment benefits.