Dollar falters as investors await U.S. stimulus deal – ZAWYA

Dollar falters as investors await U.S. stimulus deal – ZAWYA

Dollar falters as investors await U.S. stimulus deal Euro, yen off overnight troughs    A U.S. Dollar note is seen in this June 22, 2017 illustration photo. Saudi to conduct next dollar issue in first half 2018.SINGAPORE: A nascent rebound in the dollar paused on Tuesday, as investors weighed mixed but encouraging economic data against slow progress toward a U.S. government spending package and another week of rising coronavirus deaths.The U.S. dollar had its worst month in a decade in July but began August with a bounce, pushing as high as $1.1695 per euro on Monday, 1.8% above last week's two-year low.That, along with other majors, had retraced a little by morning trade in Asia, leaving the dollar at $1.1755 on the euro and 93.574 against a basket of currencies - below a one-week top of 93.997 hit on Monday.The U.S. dollar had its worst month in a decade in July but began August with a bounce, pushing as high as $1.1695 per euro on Monday, 1.8% above last week's two-year low.SINGAPORE: A nascent rebound in the dollar paused on Tuesday, as investors weighed mixed but encouraging economic data against slow progress toward a U.S. government spending package and another