NEW YORK (Reuters) - The dollar edged lower against a basket of currencies on Wednesday, trading near a three-month low, even as a risk-on rally in global financial markets appeared to stall after U.S. data showed a less-than-rosy economic picture.
FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020.
The U.S. dollar index was 0.14% lower at 91.999, rebounding modestly after having fallen as low as 91.927 earlier in the session, its weakest since Sept 1.
Sterling edged higher on Wednesday after British finance minister Rishi Sunak announced a one-year spending plan to parliament, along with new forecasts for the country’s coronavirus-hit economy.
Bitcoin, the most popular cryptocurrency, climbed to $19,049.13, a little short of its record of $19,666 from December 2017.
George Washington, Dado Ruvic, ” Ronald Simpson, Janet Yellen, Sterling, Rishi Sunak
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