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Dollar near two-month low as strong economic data underpins euro

(Reuters) The dollar fell to its lowest since late September against a basket of currencies on Friday as investors grew optimistic about the strength of the euro zone’s recovery and lost appetite for the greenback.

“You had good data (this week) from Europe, pretty good news from Germany and nobody guarding the dollar as we’re all eating turkey,” said John Doyle, director of markets at Monex Inc in Washington.

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In the News

Dollar near two-month low as strong economic data underpins euro

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(Reuters) The dollar fell to its lowest since late September against a basket of currencies on Friday as investors grew optimistic about the strength of the euro zone’s recovery and lost appetite for the greenback.

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Toral, Head of Revenue Operations

Toral, Head of Revenue Operations

Say hello to the new Monex USA App

Say hello to the new Monex USA App