The U.S. dollar tumbled Thursday, posting its largest decline against the euro in two weeks, after a barrage of weak U.S. economic data and dovish remarks from a pair of Federal Reserve officials.The euro EURUSD, +0.13% traded at $1.0700, compared with $1.0677 Wednesday. The single currency has recovered about half of its losses against the dollar from last week.
The dollar USDJPY, -0.03% traded at 119.28 yen, compared with ¥118.80 Wednesday. The buck has retraced nearly all of last week’s gains against the Japanese currency.
The Aussie AUDUSD, -0.33% traded at 77.91 cents, compared with 76.76 cents Wednesday.
The ICE U.S. Dollar Index DXY, -0.10% a measure of the dollar’s strength against a basket of six currencies, was down 0.2% to 98.1660.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment