The US dollar extended a two-month high on Thursday as worries increased over the resilience of the economic recovery in the US and Europe amid a second wave of coronavirus infections.

The dollar benefited from another surge in coronavirus cases in Europe, which raised its safe-haven appeal, while Federal Reserve policymakers called on the US government to provide more financial support, boosting a bout of selling risky assets overnight. 

Against a basket of six other currencies (USD), the dollar squeezed up 0.1% to a two month high at 94.50. It is almost 2% so far this week as economic momentum indicates signs of fading.