Dollar Weakens Amid Debate on Fed Rate Increase Timing The - TopicsExpress

Dollar Weakens Amid Debate on Fed Rate Increase Timing The dollar weakened, pushing a gauge of its strength down from a four-year high, after a report last week showed jobs increased even as participation fell, fueling debate over when the Federal Reserve will raise interest rates. The greenback depreciated versus the majority of higher-yielding currencies, falling the most against the Australian dollar. The yen strengthened from near its weakest since 2008 before the Bank of Japan’s policy decision tomorrow. The euro advanced against the U.S. currency, three days after touching a two-year low, even as German data showed factory orders declined the most since 2009 in August. read more : forex-tsd/financial-news-analytics/26338-forex-news-682.html#post706998

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