Dollar starts slow after exceptional July

Source: Bloomberg
© Scanpix/AFP
The US Dollar had its largest daily fall in almost a month as there were disappointments from both the inflation and employment numbers. The Dollar index fell 0.2% on Friday, which was not a large drop but one that had not been seen for a while. With the index rising more than 2% in the last month some argue this recent behaviour to some extent is caused by profit taking.
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