Potential Stimulus Talks Dips Dollar – 19 November, 2020
Reports that U.S. coronavirus stimulus packages are back on the table caused the dollar to fall for a sixth straight session after trading higher for the better part of the day. Against a basket of major currencies, the dollar index was 0.2% lower at 92.299.The euro was up 0.2% against the dollar to $1.1875, while the greenback was little changed against the euro at 103.81 yen. The safe-haven yen gained 1.4% after drugmaker Pfizer announced the trial results for a COVID-19 vaccine were positive. Sterling fell 0.2% to $1.3255 against the dollar on further Brexit discussion complications