The dollar moved lower
Wednesday ahead of a hotly anticipated meeting of European Central Bank
policy makers after hitting a nine-day high against the Japanese yen
early in the session.
The buck traded at
¥119.91 late Wednesday in New York, little changed from its late-Tuesday
level. Early in Wednesday’s session, the dollar traded as high as
¥120.10, its highest level since Oct. 12.
The euro traded at
$1.1342 late Wednesday, little-changed from late Tuesday. The British
pound edged lower to $1.5419, from $1.5445.
Investors are hoping
ECB President Mario Draghi will provide more concrete details about the
central bank’s plan to expand its quantitative easing measures –
something he hinted at after the ECB’s September meeting, and during a
speech before the European Parliament.
Some believe that investors are expecting too much from Draghi.
The ICE U.S. Dollar index a measure of the dollar’s strength against a basket of six currencies, was up 0.1% to 95.0480.
Source: MarketWatch
0 komentar :
Post a Comment