(Bloomberg) -- The Federal Reserve's trade-weighted dollar index fell to the lowest since its inception in 1971 amid expectations the currency will extend a slide against the euro.
The U.S. Trade Weighted Major Currency Index fell to 78.99 yesterday and is down 2.3 percent this year. The central bank's broad dollar index also dropped to the lowest since July 1997, while the New York Board of Trade's dollar index declined to a two-year low.
Read more at Bloomberg Currencies News
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