Dollar drops before Fed tapering signs

Source: Marketwatch
© Scanpix\AFP
The greenback declined versus major currencies, and investors expect further information on the Federal Reserve's time frame for tapering bond purchases. The U.S. Dollar traded at 99.92 versus the Japanese Yen. The 17-nation currency jumped to $1.2803. The ICE Dollar Index retreated from 84.598 to 84.454.

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