Dollar declines after minutes indicate Fed requires more job growth

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters
The U.S. Dollar retreated against most of its major counterparts as the Federal Reserve Chairman Ben Bernanke announced that inflation and unemployment rates indicate the U.S. economy still needs very accommodative quantitative easing programme. The greenback fell 1.1% to $1.3116 against the Euro and declined 1% to 98.73 versus the Japanese Yen.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.