Dollar falls as focus shifts to recovery prospects

The dollar fell against most Asian currencies on Wednesday as prospects of more government stimulus and a global economic recovery emboldened investors to step up holdings of riskier assets. The Australian dollar hit a five-month high against the dollar, as funds headed toward economies that are seen to be recovering the fastest from the coronavirus pandemic. The Aussie, which has benefited from signs its economic downturn may be less severe than initially feared, could get an…

"Dollar falls as focus shifts to recovery prospects"