The dollar fell to its lowest level since February as markets were whipsawed by Federal Reserve communications on keeping monthly bond purchases unabated depending on the strength of the economy.
Showing posts with label U.S. currency. Show all posts
Showing posts with label U.S. currency. Show all posts
Sunday, September 22, 2013
Saturday, September 14, 2013
Dollar Declines for Week Before Fed Considers Stimulus Taper
The dollar had its biggest weekly decline in six weeks as weaker-than-forecast economic data prompted investors to pare bets of an aggressive reduction in monetary stimulus at the Federal Reserve’s policy meeting next week.
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