As such the US broad TWI fell by only about half as much as
the fall against the major currencies (Graph 18).
Not exact matches
NEW YORK, Dec 29 - The dollar
fell to its lowest in over three months
against a basket of
major currencies on Friday, on track for its biggest annual drop since 2003, on doubts over durability of a pickup in U.S. economic growth in wake of last week's tax overhaul.
NEW YORK, Dec 29 - The dollar
fell to its lowest in over three months
against a basket of
major currencies on Friday, marking its steepest annual drop since 2003, on doubts over durability of a pickup in U.S. economic growth in wake of last week's tax overhaul.
From its early 2002 peak, the US dollar has
fallen by 24 per cent on the
major currency TWI but only 13 per cent on the broader measure, which includes several
currencies that are either directly linked to the US dollar or closely managed
against it.
Oil shock: Analysts say the loonie has lost value
against the American dollar and a number of other
currencies because of the big
fall in oil prices, since the commodity is of
major importance to the Canadian economy.
U.S. Dollar
Falls to 15 Month Low
against Basket of
Major Currencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
Currencies The U.S. Dollar
fell to a 15 month low
against a basket of
currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding
currenciescurrencies.
The Australian dollar has
fallen to a new four month low as the US dollar rallies
against most
major currencies after US Treasury bonds broke the three per cent mark.
The loonie has
fallen against almost all
major currencies so far this year (see same chart below).