The euro moved off a nine-year low reached Wednesday morning as bargain-driven investors scooped up the currency at its lows.In recent trade, the euro EURUSD, -0.11% was worth $1.183, slightly above a 9-year low of $1.180 reached earlier in Wednesday’s session.
The yen also weakened against the dollar USDJPY, +0.40% in early North American trade, continuing a trend that began in the Asia trading day. The yen traded at 119.20, compared to 118.71 Tuesday.
The ICE U.S. Dollar Index DXY, +0.11% , a measure of the dollar’s strength against a trade-weighted basket of six currencies, was up 0.61% on the day to 92.0540,slightly below a nine-year high reached earlier in the session.
The krone USDNOK, -0.11% traded at 7.70 to the dollar Wednesday afternoon. It traded at 7.74 to the dollar Tuesday afternoon.
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