The ECB agenda has pushed yields of bonds downwards into negative territory and even unprecedented lows. In fact, a 30-year bond in Germany now offers profit which is below a two-year Treasury note in the United States.
Traders avoided the euro which was last recorded at $1.0554.
It dropped to the lowest in more than seven years (70.11) pence versus the UK pound sterling.
The euro also touched a record (NZ$1.4434) and declined to a trough of 127.64 yen.
Quite the reverse, the US dollar surged forward partly because of projections that the US Central Bank will be raising interest rates soon.
The dollar index came close to 100.00 since April of 2003. Against the Japanese note, it traded at 121.41 which are not far from an eight-year height of 122.04.
Meanwhile, the US dollar stayed close to six-years high ranged against the AUD and CAD.
The official employment data of Australia is expected today and will be serve as the next test for the Australian currency. On the other hand, the NZ dollar was near a four-year low (NZ$0.7177) but recovered to 73 cents (US) after the Reserve Bank of New Zealand was less dovish than what currency markets were looking at.
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