FOREX-Dollar near 3-month low, weighed by prospects of dovish Fed ...Middle East

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FOREX-Dollar near 3-month low, weighed by prospects of dovish Fed
source : Devdiscourse ( Middle East ) () 44
The dollar stood near its lowest level in three months against a resurgent euro, struggling for traction as investors pared earlier bets the U.S. Federal Reserve may soon be ready to taper its stimulus. The dollar index, measuring the greenback against a basket of six currencies, was hovering at 90.027, a tad above a three-month low of 89.646 set on Friday.

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