Dollar falls to lowest level in more than two months after disappointing US data

Dollar falls to lowest level in more than two months after disappointing US data

07-05-2015 02:57 PM

Dollar falls to lowest level in more than two months after disappointing US dataThe dollar hovered near its lowest level in more than two months against the basket of major currencies, on Thursday, to be exposed to new pressure from US data disappointing, while ready sterling trading unstable ahead of a British election is difficult to predict its outcome. The figures showed on Wednesday, hiring the fewest in more than a year in the private sector the US in April, which beats the alarm bell about the jobs report to be issued on Friday. The dollar index fell to 93.882, its lowest level since mid-February, scored 94.207 in the latest reading. The index was down more than six percent of the highest level in 12 years 100.39 recorded in March. The euro jumped to its highest level in two months to $ 1.1371, extending its move away from its lowest level in 12 years of $ 1.0457 that it reached in March. And it reached the latest price of the currency to $ 1.1363. The euro rose to the highest price in three months against the pound with the vote Britons today in a general election experiencing competition is the most in recent times. The single currency climbed to 74.545 pence to reach its highest level since mid-February. And amounted to 74.52 pence at the latest price. In return for the US currency sterling record 1.5246 dollars without the highest level in two months of $ 1.5498 hit last month. stabilized the yen little changed at 119.44 yen to remain within the normal scope of the past few weeks between 118 and 121 yen to the dollar change.

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