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US dollar’s first weekly drop against euro in three weeks

Incoming Federal Reserve chairwoman Janet Yellen suggested that monetary stimulus won’t be reduced soon: as a result, the US dollar is set for a slide down

By Richard Nehme | Nov. 15, 2013 14:34 GMT
Euro continues to benefit from weaker USD
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International News

The euro has continued its rebound from the low of 1.3295 after the ECB rate cut – markets have corrected on the oversold euro, and EURUSD is trading at 1.3438 as of 10.07 GMT [...]

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