Currencies
Currencies News
Dollar Reaches Lowest Since February on Fed Bets; Aussie Climbs
The dollar touched the lowest level in eight months against a basket of 10 major peers on concern political wrangling over the U.S. debt limit disrupted growth and will prompt the Federal Reserve to delay tapering stimulus.
Fed QE Taper Seen Delayed to March as Shutdown Slows Growth
The Federal Reserve will delay the first reduction in its bond purchases until March after the government shutdown slowed fourth-quarter growth and interrupted the flow of data, economists said.