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US dollar inches down as Trump signs coronavirus relief package

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US dollar inches down as Trump signs coronavirus relief package

US dollar bought 103.83 Japanese yen, higher than 103.57 Japanese yen of the previous session. It was down to 0.8896 Swiss franc from 0.8903 Swiss franc


The US dollar fell modestly in late trading on Monday as market participants followed updates on a US coronavirus aid package.

The dollar index, which measures the greenback against six major peers, was down 0.01 percent at 90.3400.

In late New York trading, the euro increased to $1.2206 from $1.2179 in the previous session, and the British pound decreased to $1.3444 from $1.3548 in the previous session. The Australian dollar decreased to $0.7576 from $0.7599.
The US dollar bought 103.83 Japanese yen, higher than 103.57 Japanese yen of the previous session. The US dollar was down to 0.8896 Swiss franc from 0.8903 Swiss franc, and it fell to 1.2842 Canadian dollars from 1.2869 Canadian dollars.

US President Donald Trump on Sunday night signed the government spending and COVID-19 relief package into law, averting a government shutdown and delivering aid to individuals and businesses as the pandemic worsens.

Trump signed off the $2.3-trillion spending package days after he asked Congress to remove wasteful items in the bill and boost the amount of stimulus checks to $2,000 for individuals, up from $600. The president had threatened not to sign the bill if changes were not made.

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https://dailyfeed.dailynewsegypt.com/2020/12/28/us-dollar-inches-down-as-trump-signs-coronavirus-relief-package/
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