Pages

Dollar weakens further against rivals on rate-hike bets

Tuesday, 24 March 2015


Image result for forex

The dollar traded lower against its rivals Monday after recording its largest weekly percentage decline against the euro since October 2011.

The euro EURUSD, -0.21%  traded at $1.0945, its highest end-of-session level against the buck in three weeks, compared with $1.0821 Friday evening.

The dollar USDJPY, -0.02%  traded at 119.72 yen, its lowest level against the Japanese currency in nearly a month. It traded at 120.04 Friday.

The ICE U.S. Dollar Index DXY, +0.23% a measure of the buck’s strength against a basket of six rival currencies, was about 1% to 97.0000.

No comments:

Post a Comment