By - Oct 14, 2010 11:23 AM GMT-0300
The dollar fell below 81 yen for the first time since April 1995 as initial jobless claims rose and the trade deficit widened, adding to speculation U.S. efforts to ease monetary policy will erode the value of the currency.
Greenback losses deepened earlier after Singapore allowed appreciation in its currency to control inflation, pulling back from an effort to stem gains. Australia’s dollar rose to a record and Canada’s dollar reached parity for the first time since April as investors sought the currencies of nations with higher-returning assets.
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Greenback losses deepened earlier after Singapore allowed appreciation in its currency to control inflation, pulling back from an effort to stem gains. Australia’s dollar rose to a record and Canada’s dollar reached parity for the first time since April as investors sought the currencies of nations with higher-returning assets.
Leia mais
Ponto de reflexão: Identifique as causas da fraqueza do dólar
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