The dollar recovered from its lowest level in seven weeks, receiving some support after hopes for a fiscal stimulus package in the United States before the November elections collapsed.<\/p>\n\n\n\n
Progress towards a stimulus agreement in the United States was supporting sentiment in global markets and raising demand for riskier assets in previous sessions, which put pressure on the safe-haven dollar, which tends to decline when risk appetite increases.<\/p>\n\n\n\n
In early London trading, the dollar index was marginally lower against a basket of currencies at 92.612, but it consolidated above its lowest levels since September 2nd.<\/p>\n\n\n\n
The euro fell 0.16 to $ 1.1842, below its one-month high of 1.18805, which it hit on Wednesday.<\/p>\n\n\n\n
The Japanese yen diverged significantly from the four-week high it reached yesterday at 104.345 against the US currency, to be in the latest transactions at 104.74.<\/p>\n\n\n\n
In a slight change from the previous session, the British Pound was at $ 1.3145 in the most recent trade.<\/p>\n\n\n\n
The Australian dollar fell 0.1% against the US currency, while the New Zealand dollar rose slightly to 0.6664 dollars, up from 0.6551, which it touched on Tuesday.<\/p>\n\n\n\n
The Chinese yuan was down in the latest foreign trade by about five percentage points at 6.6548 against the dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"
The dollar recovered from its lowest level in seven weeks, receiving some support after hopes for a fiscal stimulus package in the United States before the November elections collapsed. Progress towards a stimulus agreement in the United States was supporting sentiment in global markets and raising demand for riskier assets in previous sessions, which put …<\/p>\n","protected":false},"author":9,"featured_media":31215,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7211,6877,6882],"class_list":["post-35930","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-currencies","tag-dollar","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35930"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35930\/revisions"}],"predecessor-version":[{"id":35931,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35930\/revisions\/35931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31215"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}