U.S. hundred dollar bills lie in a stash.
Alena Vikhareva | iStock | Getty Images
The dollar drifted toward posting its softest week in more than a month on Friday, as revived hopes for a new U.S. stimulus package to boost the world’s biggest economy had investors seeking out riskier currencies.
Against a basket of six majors, the dollar held near a one-month low in Asia and has slipped 0.9% this week, its largest weekly loss since late August.
The New Zealand dollar made a fresh one-week peak of $0.6659, while the euro and Aussie held just below week highs made overnight.
Moves in morning trade were small, however, with signs of an impasse on Capitol Hill and the risk of disappointment at U.S. jobs data due later in the day holding investors back.
U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed on Thursday to bridge what