INQUIRER.net: Dollar rally ends against major currencies

INQUIRER.net Philippine News for Filipinos

Dollar rally ends against major currencies Jun 25th 2013, 01:09 NEW YORK—The dollar Monday took a breather from recent gains, falling against most major currencies after comments from US Federal Reserve officials suggested the central bank would not immediately end its accommodative stance. Near 21450 GMT, the euro bought $1.3124, up a tick from $1.3122 late Friday. The dollar dipped to 97.74 yen compared with 97.87. The dollar fell against the Swiss franc and the British pound. The euro traded at 128.28 yen, down from 128.45. The US economic calendar was thin Monday, but remarks by a number of Federal Reserve officials reverberated through the market. The dollar has moved higher against other currencies since Federal Reserve ... Keep on reading: Dollar rally ends against major currencies Media files: rupiah.jpg (image/jpeg)

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