THE US dollar was steady to easing bias with a toggle of risk sentiment and the bulk of market actions were reflected through the euro with hopes that some of the world’s biggest central banks would resort to stronger monetary policies to support global economy.
As such, high-yielding currencies like the kiwi dollar, home to the developed world’s top yield, and the Aussie, which ranks second outperformed. The euro appreciated against the US dollar amid rising uncertainties over US interest rate hikes and supported by the constructive eurozone economy data flows.