The euro resumed its rise towards the level of $1.22 and the dollar fell on Wednesday, December 23, as currency dealers did not stop much at US President Donald Trump’s threat not to approve a $ 892 billion aid package linked to Covid-19.<\/p>\n\n\n\n
Trump said the long-awaited stimulus package should be adjusted to increase the amount of stimulus, in a possible sign that the package is disrupted.<\/p>\n\n\n\n
However, currency markets have not seen much change, as the dollar weakened and currencies considered more risky, such as the Australian dollar, rose.<\/p>\n\n\n\n
By 08:35 GMT, the dollar was down 0.1% against a basket of currencies.<\/p>\n\n\n\n
The dollar index has fallen by more than 6% this year, as investors are betting that the US Federal Reserve will maintain its ultra-loose policy.<\/p>\n\n\n\n
And help expectations for a further decline in the dollar in support of equity markets and emerging market currencies. The euro rose 0.2% to $ 1.2183.<\/p>\n\n\n\n
The British pound rose 0.5% to $ 1.3442, amid speculation that the European Union and Britain will announce on Wednesday a trade agreement for the post-Brexit phase.<\/p>\n\n\n\n
The Australian dollar gained 0.7% to reach $ 0.7575, supported by indications that a small outbreak of Covid-19 in Sydney will be contained.<\/p>\n\n\n\n
The dollar fell 0.2% against the Japanese yen, another safe-haven currency, to 103.44.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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