The greenback fell to its lowest point on forex accounts against six major currencies since Lehman Brothers Holding Inc. went bankrupt, reducing demand for safety.

Sterling got to the highest point since October versus the dollar, after HSBC Holdings Plc reported U.K. manufacturing expanded last month for the first time in more than a year.

Higher risk currencies such as the sterling and the Australian dollar were boost to extensive highs, while the dollar also reached its highest point versus the dollar in two months.

MC Market’s analysts James Hughes said "It's hard to find any negative news out there at the moment; it's all about the risk appetite trade coming back in."

He added that "Almost as big as the banking results today have been oil prices, which have risen above the key $70 level and helped commodity currencies."

The Dollar Index, use to track the greenback´s performance against the euro, yen, pound, Swedish krona, Canadian dollar and Swiss franc, dropped to 77.524.

On the other hand the stock market is raising, on believes the worst of recession might be