{"id":107195,"date":"2021-01-05T02:08:05","date_gmt":"2021-01-05T02:08:05","guid":{"rendered":"https:\/\/precoinnews.com\/?p=107195"},"modified":"2021-01-05T02:08:05","modified_gmt":"2021-01-05T02:08:05","slug":"dollar-gets-respite-as-virus-surge-georgia-runoffs-curb-risk-sentiment","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/dollar-gets-respite-as-virus-surge-georgia-runoffs-curb-risk-sentiment\/","title":{"rendered":"Dollar gets respite as virus surge, Georgia runoffs curb risk sentiment"},"content":{"rendered":"

TOKYO (Reuters) – The dollar found support as concerns about surging COVID-19 cases and uncertainty about U.S. runoff elections in Georgia fueled demand for safer assets.<\/p>

FILE PHOTO: U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto, Ontario, Canada June 13, 2018. REUTERS\/Chris Helgren\/ File Photo<\/figcaption>

The greenback held gains from overnight in early Asian trading on Tuesday after U.S. stocks retreated from record highs at the start of the new year.<\/p>\n

The British pound was under pressure as Prime Minister Boris Johnson ordered a nationwide lockdown to try and slow a fast-spreading coronavirus variant.<\/p>\n

Sterling was little changed at $1.3572 early in the Asian session. It slid 0.73% on Monday, the most since Dec. 10, after earlier rising to $1.3703, a level not seen since May 2018.<\/p>\n

The dollar index was flat at 89.865 after rebounding Monday from a 2-1\/2-year low of 89.415.<\/p>\n

\u201cThe dollar will continue to trade with the general risk sentiment,\u201d said Shinichiro Kadota, senior currency strategist at Barclays Capital in Tokyo.<\/p>\n

The dollar has seen some buying amid an increase in COVID cases and ahead of key U.S. Senate elections, he said, but ultimately \u201cgenerally positive risk sentiment should continue this year, and with that dollar continues to weaken against riskier currencies.\u201d<\/p>\n

The fate of U.S. President-elect Joe Biden\u2019s agenda, including rewriting the tax code, boosting stimulus and infrastructure spending, hinges firmly on Tuesday\u2019s twin Senate races in the battleground state of Georgia that will determine control of the chamber.<\/p>\n

The safe-haven Japanese yen was little changed at 103.135 per dollar. It advanced to 102.715 on Monday, the strongest level since March, as Japan\u2019s prime minister said the government is considering a state of emergency for Tokyo amid a surge in coronavirus cases.<\/p>\n

The euro was steady at $1.22535 after reaching $1.231 on Monday for the first time since April 2018.<\/p>\n

Bitcoin traded at $32,860 following a roller-coaster ride to start the new year that took it to a record high of $34,800 on Sunday, followed by a tumble to as low as $27,734 the following session.<\/p>\n

========================================================<\/h2>\n

Currency bid prices at 9:45AM (045 GMT)<\/p>\n

Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid<\/p>\n

Previous Change<\/p>\n

Session<\/p>\n

Euro\/Dollar $1.2254 $1.2252 +0.03% +0.30% +1.2255 +1.2247<\/p>\n

Dollar\/Yen 103.1250 103.1750 -0.04% -0.15% +103.1750 +103.1350<\/p>\n

Euro\/Yen 126.37 126.33 +0.03% -0.43% +126.4000 +126.3200<\/p>\n

Dollar\/Swiss 0.8813 0.8812 +0.03% -0.36% +0.8816 +0.8815<\/p>\n

Sterling\/Dollar 1.3572 1.3562 +0.10% -0.64% +1.3577 +1.3562<\/p>\n

Dollar\/Canadian 1.2778 1.2775 +0.03% +0.35% +1.2788 +1.2778<\/p>\n

Aussie\/Dollar 0.7669 0.7665 +0.08% -0.28% +0.7672 +0.7661<\/p>\n

NZ 0.7175 0.7175 +0.06% -0.03% +0.7178 +0.7170<\/h2>\n

Dollar\/Dollar<\/p>\n

All spots<\/p>\n

Tokyo spots<\/p>\n

Europe spots<\/p>\n

Volatilities<\/p>\n

Tokyo Forex market info from BOJ<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

TOKYO (Reuters) – The dollar found support<\/p>\n","protected":false},"author":3,"featured_media":107194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nDollar gets respite as virus surge, Georgia runoffs curb risk sentiment - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/dollar-gets-respite-as-virus-surge-georgia-runoffs-curb-risk-sentiment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dollar gets respite as virus surge, Georgia runoffs curb risk sentiment - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"TOKYO (Reuters) – The dollar found support\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/dollar-gets-respite-as-virus-surge-georgia-runoffs-curb-risk-sentiment\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-05T02:08:05+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/01\/cnewsfotor1-5.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/dollar-gets-respite-as-virus-surge-georgia-runoffs-curb-risk-sentiment\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/dollar-gets-respite-as-virus-surge-georgia-runoffs-curb-risk-sentiment\/\",\"name\":\"Dollar gets respite as virus surge, Georgia runoffs curb risk sentiment - 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