Dollar Dips As Investors Look To Take Risks – 25 November, 2020

Unenthusiastic U.S. economic data and hopes of a coronavirus vaccine left investors looking to riskier assets causing the dollar to take a slight dip. Sterling was just below a two month high against the dollar as Brexit details continue to be discussed. The greenback was at a two month low against the euro, trading at $1.1926. The pound was near an early September high at $1.3392, and was steady at 89.02 pence per euro. Against the yen, the dollar was little changed at 104.32 yen, while the onshore yuan was up to 6.5688 per dollar