Dollar hits 2-yr low vs euro in wake of soft CPI

By Staff
|
Google Oneindia News

NEW YORK, Apr 17 (Reuters) The dollar hit a fresh two-year low against the euro on Tuesday, extending losses after an unexpectedly soft reading in core consumer prices reinforced a view that U.S.

interest rates may be set to fall.

The euro was trading up around half a percent on the day at $1.3590 after touching a two-year high of 1.3595, less than one cent below a record high of 1.3670.

REUTERS DKS RN1908

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X