Dollar Rises From More Than Two-Year Low As U.S. Stocks Drop

The dollar rallied from its lowest level in 2-1/2 years on Monday, as broad risk sentiment soured again and shares on Wall Street fell, with investors disheartened by weakening U.S. economic data and the absence of any traction on another stimulus package.

Still, the greenback was on course to post its largest monthly percentage loss since July. In contrast, bitcoin on Monday hit an all-time high of $19,864.15 and was last up 6% at $19,280. The dollar rose 0.1% against the yen to 104.27 yen. Brexit negotiations, meanwhile, remain the focus for the pound, which rose 0.3% versus the dollar to $1.3352, with the euro down 0.3% at 89.52 pence.

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