Dollar Falls to 15-Year Low Versus Yen on Fed Policy Outlook
Date: 2010-10-14T05:54:10.277
Author: AAA Staff
Editor note: The dollar depreciated below 81 yen, a 15-year low, and reached its weakest since January against the euro before reports likely to fuel speculation the Federal Reserve will ease monetary policy further.
The Dollar Index, which tracks the dollar against the currencies of six major trading partners, reached a 10-month low before data forecast to show slower gains in U.S. wholesale costs and consumer prices. Singapore’s dollar rose to a record as the island’s central bank said it will widen t
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View original artilce: http://www.bloomberg.com/news/2010-10-13/dollar-trades-near-15-year-low-agains-yen-on-prospects-for-fed-bond-buying.html
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