The US dollar nursed losses against most currencies, undermined by concern that Republicans and Democrats are struggling to reach consensus on the next round of U.S. economic stimulus measures. Against the British pound, the dollar traded atUS$1.2734, close to a six-week low. The dollar fell to 0.9322 Swiss franc to reach the lowest since March. The euro gained to US$1.1543 on Wednesday in Asia, to reach the highest since January 10. Against the pound, the euro was little changed at90.55 pence.

Source: The Standard July 22, 2020 02:15 UTC