Tuesday, July 10, 2007

Dollar slips as Bernanke, BoC eyed; yen stems fall

(Reuters) - The dollar fell to a 2-1/2 month low versus the euro on Tuesday, closing in on April's record troughs in technically-driven trade before a speech by U.S. Federal Reserve Chairman Ben Bernanke and the Bank of Canada's interest rate decision later in the day.

The low-yielding yen halted its slide against major currencies, while the New Zealand dollar fell as investors pared back bets on expectations of divergent interest rates.


Read more at Reuters Africa

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