Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Dollar Sheds Value


MARKETSCOPE : The dollar shed value on Monday, as investors made their bets on interest rates ahead of a European Central Bank meeting on Thursday.

The dollar index was down 1.11 to 90.96 in a relentless decline, after several rounds of heavy stop loss selling since the late morning.

Meanwhile the dollar was down to 118.30 yen, off 160 points from its intra day highs. The dollar had risen against the yen earlier Monday, after news overnight that Japanese retail sales fell 0.3% in October after skidding 0.8% in September. Consumers spent less on cars and clothing, but the Nikkei surged 1.37% after a report that the post Thanksgiving shopping weekend was stronger than last year, suggesting demand for Japanese exports will remain firm.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus