The dollar fell against major currencies, and reached its lowest level in nine days, retreating from the rise it recorded in the recent period, while the British pound, the Australian and New Zealand dollars rose.

According to Arabiya Net, the dollar has risen in September and since the beginning of October on expectations that the US central bank will tighten monetary policy faster than expected, but it retreated, giving up its recent gains even after The minutes of the US central bank meeting for September confirmed that reducing stimulus measures will likely begin this year.

The dollar index fell 0.1% on the day to 93.994, its lowest level since October 5th. The dollar hit a one-year high of 94.563 on Tuesday.

The euro rose 0.1% to $1.16105, its highest level in nine days.

The Australian dollar rose 0.3% against the US currency to $0.74055. The currency ignored data that revealed a decline in the number of jobs, while investors are betting on a quick recovery since the easing of the closure measures.

The New Zealand dollar rose 0.5% to $0.7001, hitting its highest level in two and a half weeks.

The Swiss franc rose 0.2% against the euro and hit an 11-month high against the European currency.

The Turkish lira recouped some of its losses and climbed from record low levels after President Recep Tayyip Erdogan dismissed three members of the Central Bank's Monetary Policy Committee.

For cryptocurrencies, Bitcoin recorded about $57,570, and reached a five-month high earlier in the session at $58,550.