Greenback falls on speculation Fed may stay accommodative

Source: Bloomberg
© Scanpix/RS
The U.S. Dollar dropped on Friday trading session falling against the majority of emerging-market currencies after reports showed that employment in the country increased raising speculation that the U.S. Federal reserve may keep the bond purchases at current level. The so-called Greenback lost 0.2% to 103.70 yen by 10:25 a.m. New York time and the Dollar index slipped 0.2% to 1,017.72.

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