The US 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, Reuters reports. The greenback was also pinned near two-year lows against the Australian and New Zealand dollars. The US dollar fell to US$1.2279 per euro on Wednesday in Asia, its weakest since April 2018The British pound was steady at US$1.3511. Against the Swiss franc, the dollar bought 0.8839, close to the weakest in more than five years. The US dollar was little changed at 103.53 yen.

Source: The Standard December 30, 2020 03:00 UTC