KONTAN.CO.ID - SINGAPORE. The dollar slipped on Monday in a choppy session as investors tried to navigate their way through an unsettling rise in coronavirus infections and weigh whether it would delay an economic recovery. The Australian dollar led modest gains in Asia as the head of the country's central bank said the impact of the COVID-19 pandemic would not be as bad as first feared. But a record spike in new global cases has capped moves, while moves by Beijing and parts of Australia to re-introduce some restrictions added to the cautious mood.
Dollar shaky as investors balance hope against virus fears
KONTAN.CO.ID - SINGAPORE. The dollar slipped on Monday in a choppy session as investors tried to navigate their way through an unsettling rise in coronavirus infections and weigh whether it would delay an economic recovery. The Australian dollar led modest gains in Asia as the head of the country's central bank said the impact of the COVID-19 pandemic would not be as bad as first feared. But a record spike in new global cases has capped moves, while moves by Beijing and parts of Australia to re-introduce some restrictions added to the cautious mood.