The US dollar continued to trade strong around the six-week highs reached during the opening of the European market session against most major currencies at 93.848.
The risky currency continued to record losses with the Aussie dollar falling near one-month low trading at 0.7185 against the USD.
Deputy Governor of the Reserve Bank of Australia (RBA), Guy Debelle today launched four central bank policy options, including currency market intervention and negative rates which in turn added pressure to the Aussie dollar.
While the New Zealand dollar was also weakly traded while the market focus is now on the Reserve Bank of New Zealand (RBNZ) policy meeting tomorrow morning.
The euro continued to be under pressure trading around 1.17400 against the US dollar following local Covid-19 restrictions in some areas of European countries.
The European Central Bank (ECB) President Christine Lagarde's gloomy view of the economy also added to the burden on the currency, repeating her promise to increase monetary stimulus if needed amid the recovery in the volatile European Zone.
In addition, the Canadian dollar also fell to a six-week low against the USD amid volatile crude oil prices following concerns over weak global oil demand.
