Dollar Slides for Fifth-Consecutive Month in July - News Summed Up

Dollar Slides for Fifth-Consecutive Month in July


The dollar slid for a fifth-consecutive month in July, its longest losing streak since 2011, as investors grew more cautious on prospects for growth-supportive U.S. policies and the path for higher interest rates. The WSJ Dollar Index, which measures the U.S. currency against 16 others, fell 2.3% in July, bringing its loss for the year to 7.7%. The index added to losses Monday, slipping 0.4%, as investors rebalanced their portfolios...


Source: Wall Street Journal July 31, 2017 14:12 UTC



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