By Yasin Ebrahim
The dollar edged lower in early European trade Friday, after earlier hitting a two-month high, as renewed talk of additional U.S. stimulus eased investors' concerns about an economic recovery. Talk that the Democrats in the U.S. House of Representatives were working on a $2.2 trillion coronavirus stimulus package that could be voted on next week helped boost risk sentiment. This reversed earlier gains by the greenback after disappointing weekly employment numbers had pointed to a stagnating economic recovery.
Elsewhere, gold futures fell 0.3% to $1,872.20/oz, while EUR/USD traded 0.1% lower at 1.1667.