Tag Archives : U.S. currency’s recent decline

Dollar slides as U.S. data, Rate Outlook Improved

Dollar slides as U.S. data, Rate Outlook Improved

Posted by on November 25, 2009 · 0 Comment

As the decline in weekly jobless claims and a rise in personal consumption improved the outlook for the U.S. economy, the dollar fell to a fresh 15-month low against a basket of currencies on Wednesday. Traders had earlier sold the dollar across the board, which results in pushing the dollar to a 10-month low against the yen, as it has been showed by…

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