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Dollar Falls For Fourth Straight Week

ICM Capital

The U.S. dollar declined to its lowest level in four weeks against a basket of major currencies, negatively impacted by soft Nonfarm Payrolls. The Greenback fell as much as 2.3%, its worst January in three decades, amid uncertainty over the U.S. policy. It is unlikely for the Federal Reserve to hike its rate in the next period after weak U.S. data.

ICM Capital Limited Review

Source: https://www.icmcapital.co.uk/news/company/2017-02-06/
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