Bloomberg (11/7) -- The dollar declined versus most of its major peers after Federal Reserve Chairman Ben S. Bernanke said inflation and unemployment rates show the U.S. economy still requires very stimulative monetary stimulus.The dollar slid 1.3 percent to $1.3141 per euro at 8:40 a.m. Tokyo time after earlier touching $1.3207, the weakest since June 21. It reached 98.27 yen, the least since June 27, before trading at 98.94 yen, down 0.8 percent from yesterday. Japan’s currency lost 0.5 percent to 129.96 per euro.11 Juli 2013
Dollar Falls as Bernanke Says Stimulus Needed Before Claims Data
Bloomberg (11/7) -- The dollar declined versus most of its major peers after Federal Reserve Chairman Ben S. Bernanke said inflation and unemployment rates show the U.S. economy still requires very stimulative monetary stimulus.The dollar slid 1.3 percent to $1.3141 per euro at 8:40 a.m. Tokyo time after earlier touching $1.3207, the weakest since June 21. It reached 98.27 yen, the least since June 27, before trading at 98.94 yen, down 0.8 percent from yesterday. Japan’s currency lost 0.5 percent to 129.96 per euro.
