Greenback testing three-week lows

The US dollar flirted with three-week lows today as investors stuck to hopes that there will be large U.S. fiscal stimulus after the November 3 election to shore up a pandemic-hit economy, supporting riskier currencies, Reuters reports.

The dollar index stood at 93.036, just above Friday's near-three-week low of 92.997. The euro traded at US$1.1841, having gained 0.60 percent on Monday.

The yen strengthened to 105.34 per dollar, while the Swiss franc traded at 0.9102 to the dollar, near its highest in three weeks. Sterling traded above the key US$1.30 level.