The turmoil sparked by supporters of President Donald Trump on Capitol Hill has prompted little demand for the US dollar, but the currency has been trading at its lowest level since April 2018.
Currently, there is still no official confirmation but it appears Georgia Georgia Senate elections are seen in favor of two Democratic candidates, who will give party control in the Senate.
Congress resumed the electoral ballot process and confirmed Joe Biden's victory after all activities had to be stopped following the Capitol Hill invasion by Trump supporters.
Major currencies and stocks remain traded high despite political uncertainty in the United States. This is supported by market optimism that election results will not change despite the chaos on Capitol Hill.
The dollar index, which measures the strength of the greenback dollar against a basket of major currencies traded slightly at 89.37 at the opening of the Asian session.
The surge in 10-year US treasury bond yields at 1.054% slightly supported greenback dollar trading from falling lower.
The risk-sensitive currency, the Aussie dollar continued to trade strongly since March 2018, while the kiwi dollar also maintained its consolidation at a 2-and-a-half-year high despite a slight decline at the start of the Asian session.
Meanwhile, the euro and the pound sterling climbed higher again after recording a decline following the rise of the US dollar in the previous session.
