Tue, 11 Feb 2014 14:47:03 GMT
Dollar reverses losses after Yellen's testimony
The U.S. Dollar reversed previous losses as Fed's Chairman Yellen stated that there should be put some more effort to restore the labor market. The Bloomberg Dollar Spot Index, slid 0.1% to 1,023.06 as of 8:48 p.m. in New York, reaching the weakest level since January 14. The greenback declined 0.2% to $1.3667 per Euro, while it gained 0.2% to