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The dollar recorded a second week of losses affected the minutes of the Fed
10.10.2015
The US dollar fell to its lowest level in several weeks against the euro and the Swiss franc in the day following the publication of the Federal Reserve meeting for the month of September, which boosted expectations of delaying raise US interest rates jumped Minutes while growth-linked currencies.
The decline in the dollar index, who measures the greenback's value against a basket of six currencies Riasah- 0.42 percent to end the trading in the US market at 94.916, recording the second-straight week of losses after the US central bank focused Meeting Minutes on external factors discourage inflation expectations. During the session the dollar index fell to 94.692, its lowest level in three weeks.
And during the session the euro jumped to $ 1.1387, its highest level in three weeks before easing slightly to 1.1355 dollars, ending the week on a gain of 1.2 percent is the largest weekly increase against the greenback in four weeks.
The dollar hit its lowest level in three weeks against the Swiss currency at 0.9587 francs before recovering to 0.9615 francs.
But the US currency rose 0.28 percent against the Japanese currency to 120.25 yen on expectations that the Bank of Japan to continue its monetary policy accommodative.
The Australian dollar jumped to its highest level in seven weeks against the greenback at $ 0.7344 and recording the strongest weekly performance since late 2011 due to initial gains and commodity prices opinion that the accommodative policies of central banks will support global growth.
The New Zealand dollar also -oho scored currency linked to commodities Alaolah- highest level in ten weeks against the greenback at $ 0.6722. It ended 29 quarters e
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