3/5, 9:32 PM (Source: TeleTrader)
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Dollar falls to 6-month low against yen on COVID-19 woes

The greenback traded lower against the world's major currencies on Thursday as it slid to a six-month low against the Japanese yen on piling coronavirus worries.

United States Health and Human Services Secretary Alex Azar claimed that the country's health officials plan to test around 400,000 people for COVID-19 as the US confirmed 194 cases so far with the national death toll climbing to 11. Meanwhile, US Senate approved an $8.3 billion coronavirus bill that is expected to be sealed by US President Donald Trump.

The euro gained 0.71% to change hands for $1.12164 at 3:28 pm ET while the British pound jumped 0.68% against the dollar, going for 1.29546 a minute later. Meanwhile, the greenback slumped to its lowest level against the yen since September 3 as it lost 1.19%, trading for 106.2190 at the same time.

Breaking the News / GA