The US dollar rose on Tuesday in thin, choppy trading, as investors stepped back and assessed the implications of the U.S. stimulus bill that Congress passed overnight and a coronavirus variant raging in Britain.
There seemed to be a risk-off tone in the market, with U.S. stocks down except for Nasdaq, and U.S. Treasuries rallying.
Currencies associated with higher risk appetite such as the Australian and New Zealand dollars, as well as the euro and sterling were also weaker against the greenback.
Tuesday's data were weaker than expected, with U.S. existing home sales falling more than expected in November and the consumer confidence index lower than forecast.
All feeds
