The dollar fell slightly against the euro and the yen in a market divided between positive indicators in Asia and the rise in the number of Covid-19 cases in the United States.

Around 10:00 GMT (11:00am in Paris), the dollar fell 0.09% against the euro, to 1.1845 dollars for one euro, and 0.10% against the yen, to 104.53 yen per dollar.

The greenback entered a third consecutive session of moderate decline compared to a basket of other major currencies.

The United States registered one million new cases of Covid-19 in less than a week, totaling 11 million cases on Sunday, according to Johns Hopkins University.

“The dollar is falling, in large part because it is now obvious that this Covid-19 wave is affecting the United States as severely” as Europe, commented Ulrich Leuchtmann, an analyst at Commerzbank.

But other analysts, on the contrary, see the fall in the dollar as a lack of interest among traders in this safe haven, while the managing director of the German company BioNTech, who developed with Pfizer a vaccine “90% effective” against the new coronavirus, estimated on Sunday that “we could have a normal winter next year”.

“Investors are also encouraged by positive data from Asia,” said Ricardo Evangelista, an analyst at ActivTrades.

Japan's gross domestic product (GDP) rebounded by 5% between July and September compared to the previous quarter, a stronger recovery than expected, “which relieved” Japanese investors, Sucden analysts point out.

For its part, the British pound fell slightly against the euro (-0.12% to 89.88 pence per euro) and the dollar (-0.09% to 1.3179 dollars for a pound).

“The pound backed down at the announcement that Prime Minister Boris Johnson was in isolation,” the Sucden analysts pointed out.