LONDON: The dollar hit its lowest in two and a half years in early London trading on Monday while riskier currencies dipped slightly as the global equities rally paused for breath.
Global market sentiment surged in November, causing the dollar to fall and riskier currencies to benefit, as investors' risk appetite was boosted by Joe Biden's victory in the U.S. presidential election, a series of positive COVID-19 vaccine developments and hopes for further stimulus.
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