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US Dollar falls as FX investors look past latest stimulus delay
The dollar fell to its lowest in more than two years against the euro on Wednesday as currency traders looked past a new delay in U.S. stimulus cheques and maintained bets additional financial aid was still likely.“What happens to the greenback... largely depends on how well the United States controls the virus in 2021 as well as the outlook for further fiscal stimulus.” The dollar fell to $1.2279 per euro on Wednesday in Asia, its weakest since April 2018 The British pound was steady at $1.3511. Against the Swiss franc, the dollar bought 0.8839, close to the weakest in more than five years. The dollar was little ... (full story)