Investing.com - The dollar was hovering at six-month lows against other major currencies on Wednesday, as concerns over recent political developments in the U.S. continued to dampen demand for the greenback.
The yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the U.S. dollar on Wednesday as talk that President Donald Trump could face the threat of impeachment boosted safe-haven assets.
May 17 Concerns over the fate of promised U.S. fiscal stimulus caused emerging stocks to snap a seven-day winning streak on Wednesday, pushing them off two-year highs while many currencies weakened as investors sought safer assets.
A COMPUTER virus that exploits the same vulnerability as the global "ransomware" attack has latched on to more than 200,000 computers and begun manufacturing digital currency, experts have said.
Japan’s yen was the outlier in Asia forex trading on Wednesday as most major currencies in the region ceded ground to the greenback, which was still hovering around its weakest level since November’s presidential election.
Next trading day's important events
- USDJPY: 111.58
- EURUSD: 1.1112
- S&P 500: 2380.50
- NASDAQ: 6108.71