The dollar fell in Asia on Wednesday (December 9th), as signs of progress in the fight against the Covid-19 pandemic undermined demand for safe assets, while the pound was facing anxious anticipation ahead of a meeting of leaders seeking to salvage a trade deal of Brexit<\/p>\n\n\n\n
The US currency fell against most of the major counterparts as Britain launched a large-scale vaccination campaign against the Coronavirus and the United States moved closer to providing more fiscal stimulus. The US dollar fell about 0.4 percent against the risk-sensitive Australian dollar, and fell to its lowest level in two and a half years against the yuan.<\/p>\n\n\n\n
The sterling settled above the lows recorded recently before a dinner scheduled for today between British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen in Brussels, which is considered a last attempt to conclude a trade agreement to leave Britain from the European Union.<\/p>\n\n\n\n
Against a basket of currencies, the dollar fell 0.1% to 90.816, separating it less than 0.5% above the two-and-a-half-year low it reached on Friday.<\/p>\n\n\n\n
The dollar fell about 0.2% against the euro to $ 1.2126, and is heading towards an annual loss of more than 7.5% against the single European currency, the largest since 2017.<\/p>\n\n\n\n
The dollar fell to 6.4975 yen in foreign trade and 6.5229 in internal trading, which puts the yuan at a rise of more than 10% from lows recorded in May, supported by the decline of the dollar and the entry of regular flows of Chinese stocks and bonds.<\/p>\n\n\n\n
The pound, which suffered heavy losses in light of the crisis in trade negotiations, stabilized against the declining dollar but remains in a state of anxiety as the two leaders approach the meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"
The dollar fell in Asia on Wednesday (December 9th), as signs of progress in the fight against the Covid-19 pandemic undermined demand for safe assets, while the pound was facing anxious anticipation ahead of a meeting of leaders seeking to salvage a trade deal of Brexit The US currency fell against most of the major …<\/p>\n","protected":false},"author":9,"featured_media":32283,"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":[6827,49,36],"tags":[7211,6877,6882],"class_list":["post-38353","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-currencies","tag-dollar","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38353","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=38353"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38353\/revisions"}],"predecessor-version":[{"id":38354,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38353\/revisions\/38354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32283"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=38353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=38353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=38353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}