Surging dollar holds near six-week high as coronavirus fears return

Topics US Dollar | Currency


By Tom Westbrook SINGAPORE (Reuters) - A resurgent dollar held on to overnight gains on Tuesday after virus fears and worries about U.S. stimulus drove a wave of selling in just about everything else. The dollar rose 0.6% against the euro, 0.

9% against the Aussie and even made gains against the safe-haven currencies of the Japanese yen and Swiss franc. Against a basket of six major currencies <=USD> the greenback hit a six-week high and held just below that in early Asian trade at 93.547. Gold fell against the rising dollar. "The.

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