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    Dollars in Bad Shape

    Abstract:The dollar disappeared near its lowest level in nearly three years on Thursday after Democrats won control of the U.S. Senate and paved the way for a major fiscal stimulus under President-elect Joe Biden.

      The dollar disappeared near its lowest level in nearly three years on Thursday after Democrats won control of the U.S. Senate and paved the way for a major fiscal stimulus under President-elect Joe Biden.

      Currency markets were largely uninterrupted by scenes of chaos in Washington as supporters of outgoing President Donald Trump stormed Capitol Hill.

      Analysts generally assume that a democratically controlled Senate would be a net positive for economic growth globally and thus for most risky assets, but negative for bonds and the dollar as the US budget and trade deficit could widen further.

      It was slightly changed at 89,321 in early Asian trading on Thursday after falling to its lowest level since March 2018 at. 89,206 overnight.

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
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