The
dollar fell the most in nearly five months after a report showed retail
sales dropped more than forecast, casting doubt on the pace of U.S.
growth, which has been one of the few bright spots in the global
economy.
The
Federal Reserve is considering when to raise interest rates amid a wave
of global easing that™s seen more than 10 central banks add stimulus
this year in an attempt to bolster growth. Sweden™s central bank became
the latest to ease, sending the krona to its weakest since April 2009.
The
Bloomberg Dollar Spot Index slipped 1 percent to 1,163.11 as of 5 p.m.
in New York, the biggest loss since Sept. 18. The measure, based on data
back to 2004, closed at an all-time high Wednesday.
The
greenback slipped 1.1 percent to 119.11 yen and 0.6 percent to $1.1403
per euro. The yen rallied after reports that Bank of Japan policy makers
deem further easing counterproductive.
Source : Bloomberg
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