-
Dollar slips on weaker U.S. data, profit-taking from euro shorts
The U.S. dollar slipped against a basket of major currencies on Wednesday after weak U.S. economic data led traders to buy back the euro and sell the dollar on uncertainty over the timing of the Federal Reserve's first interest rate hike in nearly a decade. The dollar index slipped for a second straight session in the wake of data showing U.S. industrial output posted its biggest drop in more than 2-1/2 years in March and growth in manufacturing activity in New York state unexpectedly contracted in April. "The softer U.S. economic data that we've been seeing recently could delay market expectations of the timing of ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 15, 2015 5:20pm Apr 15, 2015 5:20pm
- fxx360
- | Joined Dec 2011 | Status: Member | 930 Comments | Online Now
- Comment #2
- Quote
- Apr 15, 2015 5:24pm Apr 15, 2015 5:24pm
- gautaka
- | Joined Nov 2014 | Status: Member | 1 Comment
- Comment #3
- Quote
- Apr 15, 2015 6:55pm Apr 15, 2015 6:55pm
- Borrowdale
- | Joined Apr 2015 | Status: Member | 5 Comments