The dollar recorded a new high for a year against the yen, and its highest level in several months against other competitors, today, Wednesday;
Investors are betting that a massive fiscal stimulus and expanded vaccination campaign will help the United States lead the global pandemic recovery.
Today, US President Joe Biden is set to lay out the main lines of his plans to finance an infrastructure plan at a cost of $ 3 trillion to $ 4 trillion, after he said earlier in the week that 90% of American adults will be able to get vaccinated by April 19.
The dollar index rose to 93,439 points, the highest level in about 5 months, and rose from about 90 points at the beginning of this March, on its way to record the best monthly performance since 2016.
The US currency recorded a new peak for a year against the Japanese currency at 110.97 yen, and reached its highest level in nearly 5 months against the single European currency at $ 1.1705 against the euro, but it gave up some of these gains in early trading in London.
The US currency also found support as the rise in US bond yields made the currency more attractive as an investment.
The US Treasury yields jumped to a record 10-year to the highest level in a year at 1.776% on Tuesday.
The Australian dollar rose to $ 0.76085, consolidating after falling to $ 0.7564 last week, its lowest level this year.
The Chinese yuan traded around 6.57 against the dollar in the foreign market, and on Monday and Tuesday it was the lowest level since November at 6.5838 against the dollar.
Bitcoin briefly exceeded $ 59,000, in an attempt to approach the record high of $ 61,781.83 it reached earlier this month.