Dollar Weakens as Obama Signals Syria Strike Delay
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The dollar fell to a three-week low as the U.S. delayed a congressional vote on military action to consider a United Nations plan to secure Syria’s chemical weapons, diminishing demand for haven assets.
The pound rose to the strongest level since January against the euro as the U.K. unemployment rate moved a step closer to the 7 percent threshold at which Bank of England Governor Mark Carney has said officials will reassess their policy stance. Australia’s dollar touched its highest versus the U.S. currency since June before a government report tomorrow that economists said will show the nation’s jobless rate increased in August.