The dollar is dropping to its lowest level in a week
The dollar fell to its lowest level in a week against a basket of currencies today, with stocks hitting record highs and investors awaiting new clues about the economy.
In the period from January to March, the US currency recorded its best quarterly performance in nearly three years against major currencies amid rising US Treasury yields, while investors bet on faster economic growth in the United States and higher inflation as the economy reopened after closures linked to "Covid-" 19 ".
By 1455 GMT, the dollar index was down 0.350 at 92.641, after recording 93.44 on Wednesday, its highest level since the fifth of November.
The euro rose 0.4% against the green currency to $ 1.1799, while the pound sterling rose 0.51% to $ 1.3896.
The Australian dollar jumped 0.73% to $ 0.7646.
Investors are focusing on a plan proposed by US President Joe Biden to develop infrastructure that will include corporate tax increases to fund new spending.
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