Investing.com investing.com 06 Jan, 2021 07:30 am

Dollar squeezed as Georgia counts crucial Senate votes By Reuters

Dollar squeezed as Georgia counts crucial Senate votes By Reuters
Dollar squeezed as Georgia counts crucial Senate votes

dollar took a breather from its steady descent but could not entirely escape selling pressure in Asia on Wednesday, as traders looked to the outcome of a Senate election in Georgia to drive the next move in market sentiment.[O/R] Dollar Up, Steadies as Investors Await Georgia Election Results p By Gina Lee Investing.4350 per dollar and the Canadian dollar to a 32-month peak."My suspicion is that the immediate knee-jerk reaction would be a slightly stronger dollar," he said.

"Rising taxes and regulation will not cure today's weak dollar," he said over email.4564 per dollar on Wednesday as profit taking and state-owned bank selling cooled excitement about a big jump in its onshore trading band.

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