* Nokkie, Aussie dollar losers in G10 space
* Chinese yuan falls vs dollar
* British pound rises vs dollar, euro
* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E (Adds new comment, updates prices)
By Gertrude Chavez-Dreyfuss
NEW YORK, Oct 26 (Reuters) - The U.S. dollar advanced on Monday, rising for a second straight session, bolstered by safe haven bids amid surging coronavirus cases in Europe and the United States as well as a lack of progress on a U.S. stimulus package.
The United States, Russia and France set new daily records for new COVID-19 infections as a second wave swelled across parts of the Northern Hemisphere, forcing some countries to impose new curbs. Spain announced a new state of emergency and Italy has ordered restaurants and bars to shut by 6 p.m. the stimulus front, U.S. House Speaker Nancy Pelosi said on Sunday she expected a White House response on Monday to the latest relief plan, but there is little evidence a deal is close. the S&P heading down, the market is getting nervous," said Amo Sahota, executive director at currency advisory firm Klarity FX in San Francisco.
"The danger is obviously if the case counts continue to rise as they have and we have to start additional restrictions, or curfews, or lockdowns in North America, although we have been told repeatedly by the government that they don't want to do that," he added.
Media reports that the Oxford/AstraZeneca vaccine has proved successful in elderly people and that staff at a major British hospital were told to prepare for it as early as next month were not enough to bolster sentiment. index tracking the U.S. dollar against a basket of six major currencies =USD was last up 0.3% at 93.052.
The euro EUR=EBS , which has the largest percentage share of the dollar index, fell 0.4% to $1.1811. It slipped earlier after the German Ifo business climate index fell for the first time in six months in October. dollar also rose 0.1% against the Japanese yen to 104.87 JPY=EBS .
Speculators remain short the U.S. dollar, the latest data from the Commodity Futures Trading Commission showed, though the number of shorting contracts declined in the last couple of weeks. IMM/FX
Investors have also raised doubts about expectations of a Democratic sweep of the U.S. Congress.
"One of the permutations is a Democratic win, but no control of the Senate. Is it a complete blue sweep or is it something else?," said Klarity's Sahota. "If we don't get a blue sweep, then the stimulus won't be big enough."
The U.S. dollar rose 0.5% against the Chinese yuan in the offshore market to 6.703 CNH=EBS , in a sign of caution as the Chinese government began discussions on its next five-year plan.
The Australian dollar was last down 0.1% at 0.7137 AUD=D3 , while the greenback rose 0.6% versus the Canadian dollar to C$1.3203 CAD=D3 .
The British pound also fell 0.1% against the dollar to $1.3023 GBP=D3 .
Description
RIC
Last
U.S. Close Pct Change
YTD Pct
High Bid
Low Bid
Previous
Change
Session
Euro/Dollar
EUR=EBS
$1.1814
$1.1862
-0.40%
+5.38%
+1.1859
+1.1804 Dollar/Yen
JPY=D3
104.8500
104.8000
+0.05%
-3.47%
+105.0500 +104.6750 Euro/Yen
EURJPY=
123.87
124.19
-0.26%
+1.57%
+124.2200 +123.7800 Dollar/Swiss
0.9073
0.9040
+0.38%
-6.23%
+0.9079
+0.9044 Sterling/Dollar GBP=D3
1.3022
1.3039
-0.15%
-1.83%
+1.3074
+1.2993 Dollar/Canadian CAD=D3
1.3200
1.3124
+0.57%
+1.60%
+1.3224
+1.3123 Aussie/Dollar
AUD=D3
0.7126
0.7137
-0.17%
+1.54%
+0.7146
+0.7103 Euro/Swiss
EURCHF=
1.0718
1.0724
-0.06%
-1.23%
+1.0728
+1.0708 Euro/Sterling
EURGBP=
0.9069
0.9095
-0.29%
+7.27%
+0.9106
+0.9042 NZ
NZD=D3
0.6682
0.6692
-0.13%
-0.68%
+0.6697
+0.6670 Dollar/Dollar
Dollar/Norway
NOK=D3
9.2400
9.2205
+0.24%
+5.36%
+9.3205
+9.2290 Euro/Norway
EURNOK=
10.9187
10.9390
-0.19%
+10.99%
+11.0258
+10.9080 Dollar/Sweden
8.7442
8.7472
-0.36%
-6.45%
+8.7870
+8.7324 Euro/Sweden
EURSEK=
10.3303
10.3677
-0.36%
-1.33%
+10.3955
+10.3230