(Bloomberg) -- The dollar traded near a record low
against the euro before government reports today that are
forecast to show inflation and home building slowed.
The U.S. currency fell to a 26 year-low against the pound
and the weakest since March 1985 versus the New Zealand dollar
on speculation the Federal Reserve will keep interest rates on
hold this year. The euro pared earlier gains against the dollar
after a report showed German investor confidence declined for a
second month in July.
Read more at Bloomberg Currencies News
against the euro before government reports today that are
forecast to show inflation and home building slowed.
The U.S. currency fell to a 26 year-low against the pound
and the weakest since March 1985 versus the New Zealand dollar
on speculation the Federal Reserve will keep interest rates on
hold this year. The euro pared earlier gains against the dollar
after a report showed German investor confidence declined for a
second month in July.
Read more at Bloomberg Currencies News
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