Bloomberg News

Dollar Weakens Against Most Peers Amid U.S. Easing Speculation

November 17, 2011

Nov. 18 (Bloomberg) -- The U.S. dollar declined versus most of its major peers amid speculation the Federal Reserve will introduce more measures to lower borrowing costs and stimulate the economy.

The currency fell 0.3 percent to $1.3495 per euro as of 11:45 a.m. in Tokyo, its first decline this week.

To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net


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