The dollar’s decline
The dollar’s decline
6/21/2014 0:00
LONDON (Reuters) –
The dollar fell on Friday, heading for the biggest weekly loss in more than two months against a basket of major currencies after expectations the Federal Reserve (the U.S. central bank) on the policy.
dollar index fell to 80.289 near its lowest level in the month of 80.147. The index of U.S. currency 0.3 percent during the week, the biggest loss of the starboard out two months ago.
Investors rushed to sell the dollar after it pointed out the U.S. central to his satisfaction about the outlook for inflation, although showing signs of the recent increase in inflationary pressures.
dispelled the hopes of some in the bank begins to raise interest rates earlier than expected. The euro rose slightly to 1.3610 dollars for approaching the highest level in two weeks 1.3644 dollars reached on Thursday after expectations the U.S. central.
and meat Sterling near its highest level in five and a half years 1.7064 dollars struck on Thursday, due to reasons such as data showed growth in factory orders British at the fastest pace in six months in June.
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