U.S. Dollar at Lowest Position
negerihijau | Nov 29, 2009 | 0 comments
Weakening U.S. dollar reached a position 14-year low against the yen on Friday (27/11) local time in the middle of Dubai’s anxiety that the debt may fail (by default) that sends global stock markets and encouraged investors shaken out of the trade risk.
During Asian trading, U.S. dollar falls to 84.82 yen, its lowest level since July 1995. However, the currency is then strengthened again.
U.S. dollar later recovered in a transaction in Europe to be standing at 86.84 yen compared with 86.59 yen on Thursday night in New York. The euro fell to 1.4966 dollars from 1.5019 dollars late Thursday.
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