[ad_1]
Reuters
Expressive image
Today, the dollar hit its lowest level in more than two years, and is expected to post the largest monthly decline since last July, after a mix of vaccine optimism led investors to sell off the dollar.
The US dollar fell against a basket of currencies 0.1% to 91.707 points, the lowest level since April 2018. The highly vulnerable New Zealand dollar hit its highest level in two and a half years and fell. is heading towards his best monthly percentage gain in seven years.
Both the euro and the Australian dollar edged up to three-month highs, although currency movements were limited as global stocks caught their breath at the end of the largest monthly rise on record.
The pound was set at $ 1.3325 and has risen nearly 3% against the dollar since the start of the month, as investors bet on a deal to exit Britain from the European Union, even as the deadline for negotiations approaches.
The dollar index fell about 2.5% in November, with investors excited by the promising test results of two potential main vaccines that could be the cause of the elimination of the Corona virus outbreak. The dollar is down about 11% from a high of 102.990 points last March.
Concerns over a new wave of HIV infections in Europe and the United States and the reimposition of foreclosure measures have provided some support for safe-haven currencies and dampened the dollar’s decline slightly.
Source: Reuters
[ad_2]
Source link
