Dollar slips to 4-week low

The dollar slipped to a four-week low against a basket of currencies on Thursday, kept under pressure by a recent dip in U.S. 10-year bond yields, while volatile bitcoin came under renewed pressure after a 30 percent fall in less than two weeks.

The dollar index, which measures the greenback against a basket of six major currencies, slipped as much as half a percent on Thursday to its weakest since Dec. 1 .DXY.


Source: Leong, R. (2017, December 28). Dollar index hits one-month low, bitcoin slides again. Retrieved from https://www.reuters.com/article/uk-global-forex/dollar-index-hits-one-month-low-bitcoin-slides-again-idUSKBN1EM046

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