Economic news

Review: Dollar extends losses on hawkish G10 central banks

The dollar has continued to fall against major rivals on Friday as major central banks signaled that tightening of monetary policy is possible in near future.

The dollar index .DXY slid 0.1 percent to 95.549, set for a weekly loss of 1.8 percent. It has declined 1.4 percent this month, and 4.8 percent for the quarter.

The pound edged up 0.1 percent on Friday to $1.3017, extending Thursday's 0.6 percent gain.

The euro was flat at $1.1439, after rising 0.6 percent on the previous session.

To leave a comment you must or Join us

More news

Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree