The dollar was firm on Tuesday but was well below peaks hit on Monday’s wild ride higher, as a new coronavirus strain in Britain sent jitters through holiday-thinned currency markets. Sterling and the New Zealand dollar fell half a percent in cautious trade in Asia, the Australian dollar fell 0.4% and the euro was 0.2% softer at $1.2228. At $1.3308, the pound was still nearly two cents clear of a 10-day low made on Monday, when it briefly lost as much as 2.5% after the virus mutation prompted countries to cut travel links with Britain and as Brexit trade talks stalled. Low liquidity, with many traders logged out … (full story)
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