Dollar Falls to Lowest This Year Against Euro Ahead of Major Economic Data

Reported about 2 months ago

The U.S. dollar fell to its lowest value of the year against the euro as traders anticipated possible revisions to U.S. payroll data and a key speech from Federal Reserve Chair Jerome Powell. With pressures from declining U.S. bond yields and uncertainties regarding future interest rate cuts, the dollar experienced a significant decline across various currency pairs, while the euro reached its highest level since late December.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis