London (awp/afp) - The euro fell on Wednesday against a dollar weakened by the fall of the day before and the day after a chaotic televised debate in the United States.

Around 08:45 GMT (10:45 CET), the euro lost 0.23% against the greenback, at 1.1716 dollar.

The day before, the US currency fell sharply against the majority of the main currencies, dropping 0.66% against the euro.

The dollar, against a basket of currencies, "hit a two-month high on Friday and has since been penalized by profit-taking," said David Madden, an analyst at CMC Markets.

Investors were also digesting the first debate between President Donald Trump and his rival Joe Biden, which was held on Tuesday and was dominated by invective, taunts and personal attacks.

If Joe Biden has pledged to accept the result of the election, Donald Trump has dodged him, limiting himself once again to affirming without evidence that the postal vote, which promises to be important because of Covid-19, would promote unprecedented "fraud" and could prevent the winner "for months".

"From a market perspective, the main risk posed by the US presidential election is a narrow victory for one of the candidates that would eventually be challenged, which would generate uncertainty, social unrest and contribute to the deterioration of an already battered economy. ed by the coronavirus," said Ricardo Evangelista, an analyst for ActivTrades.

"However, to be honest, reading an interpretation of the televised debate on the foreign exchange market today may not be wise," as the day coincides with a month-end and quarter-end, which can influence the strategies of investors who have to register their balance sheets, said Derek Halpenny, analyst for MUFG.

Wednesday Classes Tuesday Classes

08H45 GMT 21H00 GMT

EUR/USD 1.1716 1.1744

EUR/JPY 123.84 124.08

EUR/CHF 1.0806 1.0800

EUR/GBP 0.9137 0.9130

USD/JPY 105.69 105.66

USD/CHF 0.9222 0.9197

GBP/USD 1.2822 1.2863