Dollar Takes Hit As Investors Eye Riskier Assets – 15 December, 2020

The greenback was just above a 2 1/2 year low as investors moved towards riskier assets on hopes of progress in a U.S. government spending bill and a long overdue stimulus package. The dollar was last changing hands at $1.21630 per euro, just above the 2 1/2 year low of $1.2177 reached earlier in the year. The dollar index last stood at 90.447, just above a 2 year low hit in Monday. After a 0.9% jump the previous session, sterling was trading at $1.3463. Against the yen, the dollar traded at 103.44 per yen. The Australian dollar was near a 2 1/2 year high at 75.595, and the New Zealand dollar last traded at 71.05, its highest since April 2018.