Economic news

Review: Dollar declines amid uncertainty over prospects of U.S. tax cuts

The dollar slipped on Thursday as investors focused on a tax bill, corporate earnings and Friday’s U.S. jobs report.

The dollar index dropped 0.3 percent to 94.524 .DXY.

The greenback lost 0.2 percent versus the yen to 113.91, sliding from its more than three-month peak of 114.45 yen scaled last Friday.

The euro inched up 0.3 percent to $1.1654.

The pound increased 0.3 percent to $1.3285 ahead of the BOE interest rate hike decision.


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