The US dollar is at its lowest level …

Traders continued to bet on the possibility of providing additional financial assistance in the United States of America, pushing the dollar to its lowest level in several years against many currencies, Wednesday.

The dollar hit its lowest level in more than two years against the euro and the New Zealand and Australian dollars, and fell to its lowest level in more than five years against the Swiss franc, while falling broadly against Asian currencies.

The dollar fell as riskier assets rose since President Donald Trapp signed the aid and spending bill on Sunday, as providing more stimulus in the world’s largest economy reduces the demand for possession of a safe-haven dollar. .

The dollar fell to 1.2295 against the euro on Wednesday, the lowest level since April 2018, and touched 0.8815 against the Swiss franc, the lowest level since January 2015, while the British pound rose to 1, $ 3,552 and the dollar fell to 103.26 yen, according to Reuters. .

The dollar index fell against a basket of six major currencies to 89,711, its lowest level in more than two years.

The Australian and New Zealand dollars also posted their highest levels in two and a half years against the US dollar, while the yuan rose in domestic transactions to 6.5251 against the dollar.

Many investors hope that a new US administration will take office after President-elect Joe Biden takes office on January 20.