Bloomberg (25/10) --- The dollar fell to
a two-year low versus the euro before an industry report that
economists said will show U.S. consumer sentiment worsened this month,
fueling speculation the Federal Reserve will delay cutting stimulus.The greenback fell for a fourth day
against the yen. U.S. policy makers, who meet next week, will delay
tapering monthly bond purchases until March, according to a Bloomberg
survey. New Zealand’s dollar weakened against all but one of its 16
major peers after the central-bank governor said he is concerned higher
interest rates would strengthen the currency. Sweden’s krona climbed
after a report showed consumer confidence increased this month.The dollar was little changed at $1.3802
per euro at 10:36 a.m. in London after depreciating to $1.3832, the
weakest since November 2011. It dropped 0.1 percent to 97.16 yen after
reaching 96.94, the lowest level since Oct. 9. This week, the U.S.
currency has dropped 0.9 percent against the euro and 0.6 percent versus
the yen.The euro was little changed at 134.13 yen, leaving its weekly gain at 0.3 percent.
