Steep Losses and Currencies

currencies: The Dollar Index, which gauges the buck against a basket of 16 currencies, was recently down 0.5% at 87.51, its lowest level since Aug. 25. The slide came as the dollar notched steep losses against the euro, yen and a host of emerging market currencies. .., according to Wall Street Journal and The dollar fell against most currencies Thursday, as investors sold the U.S. currency following a dovish monetary policy statement from the Federal Reserve. (news.financializer.com). As reported in the news.

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