The dollar fell today for the second day in a row as investors eased concern about the possibility of Russia’s invasion of Ukraine and awaited the minutes of the Federal Reserve (US Central Bank) meeting for the month of January.
The moves were small in the currency markets, the dollar index was down 0.2 percent on the day and hit 95,847 by 1213 GMT.
As oil prices recovered, the Canadian dollar rose slightly against the US dollar and the Norwegian krone rose.
The Australian dollar rose 0.4 percent to $0.7177, while the New Zealand dollar rose slightly on the day.
The yen fell against the dollar and recorded 115.700.
According to (Archyde.com) the euro rose 0.2 percent on the day to $1.13825.
The pound rose 0.1 percent against the dollar to 1.35605 dollars, but settled against the euro after data revealed that British inflation recorded the highest rate in 30 years at 5.5 percent.
As for digital currencies, there was little change in Bitcoin, and it fell 1.1 percent to $44,098.