Euro and pound gain as U.S. stimulus, Brexit boost risk appetite
The dollar fell to its lowest in more than two years against the British pound and euro on Thursday after the Federal Reserve stuck to its current policy while hopes for more U.S. stimulus and a post-Brexit trade deal boosted risk appetite.
Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States, according to lawmakers and aides.
“While we expect stocks to benefit further from positive news on vaccine rollouts and U.S. fiscal support, the same cannot be said for the U.S. dollar”, said Mark Haefele, chief investment officer at UBS GWM. “Safe-haven demand for the dollar is being eroded by a broadening global recovery.”
Euro and pound gain as U S stimulus, Brexit boost risk appetite oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
FOREX-Euro and pound gain as U.S. stimulus, Brexit boost risk appetite Reuters 12/17/2020
Popular Searches Bitcoin rises to record high above $22,800 Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E
By Julien Ponthus
LONDON, Dec 17 (Reuters) - The dollar fell to its lowest in more than two years against the British pound and euro on Thursday after the Federal Reserve stuck to its current policy while hopes for more U.S. stimulus and a post-Brexit trade deal boosted risk appetite.
Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States, according to lawmakers and aides.
Selling Australia s offshore detention regime to the world australianherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from australianherald.com Daily Mail and Mail on Sunday newspapers.