Market Commentary and Intraday News
Dollar Trades Nearly 2-week Low Against Yen
263 days ago
(RTTNews) - The US dollar resumed its downtrend against other major currencies in early New York deals Thursday on the back of some disappointing economic data from the U.S.
The greenback reached nearly a 2-week low of 77.59 against the yen and extended previous session's 2-day decline against the pound, falling as much as 1.6238 by 8:45 am ET.
The dollar also reached a session's low of 0.9375 against the Swiss franc, while retreating from a session's peak against the euro to reach as low as 1.2892 around 8:50 am ET.
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