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[rtl]Release date: 2018/1/24 10:34 • 63 times scheduled[/rtl]
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The dollar fell to a 3-year low against major majors on Wednesday, on growing concerns that the yield advantage on the US currency will fall due to the direction of large central banks to abandon their massive stimulus policies.
The dollar index, which measures the strength of the greenback against a basket of six major currencies, slipped below the 90.00 barrier for the first time since December 2014. The latest trade fell 0.2 percent to 89.935.
The dollar fell broadly, with the euro hitting a new high in 3 years, while the pound rose to its highest level since the British vote in June 2016 for the exit from the European Union.
Against the yen, the dollar fell below 110 yen for the first time in four months.
The euro rose to $ 1.2335, its strongest level since December 2014, and rose at a recent high of 0.2 percent to $ 1.2318.
http://alforatnews.com/modules/news/article.php?storyid=158362
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Dollar Falls to 3-Year Low
[/rtl][rtl]Release date: 2018/1/24 10:34 • 63 times scheduled[/rtl]
The dollar fell to a 3-year low against major majors on Wednesday, on growing concerns that the yield advantage on the US currency will fall due to the direction of large central banks to abandon their massive stimulus policies.
The dollar index, which measures the strength of the greenback against a basket of six major currencies, slipped below the 90.00 barrier for the first time since December 2014. The latest trade fell 0.2 percent to 89.935.
The dollar fell broadly, with the euro hitting a new high in 3 years, while the pound rose to its highest level since the British vote in June 2016 for the exit from the European Union.
Against the yen, the dollar fell below 110 yen for the first time in four months.
The euro rose to $ 1.2335, its strongest level since December 2014, and rose at a recent high of 0.2 percent to $ 1.2318.
http://alforatnews.com/modules/news/article.php?storyid=158362
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