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View Full Version : Dollar Drops to Two-Week Low on Reduced Bets Fed Target to Rise - Bloomberg



NewsWhore
06-17-2009, 05:20 PM
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Dollar Drops to Two-Week Low on Reduced Bets Fed Target to Rise (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DamaxSYy6p4Uw&cid=1262926338&ei=6FI5SuyLA9PykAW2wqHTCA&usg=AFQjCNFpE9StySXGgBMfua0y0IlgvH4UCg)
Bloomberg
In the currency market, we are moving into a more reasonable range, but the longer-term trend is for the dollar to weaken.” The dollar dropped 0.8 percent to 95.66 yen at 4:02 pm in New York, from 96.38 yesterday. It touched 95.54, the lowest level ...


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