U.S. Dollar Falls as ECB Sends Hawkish Signal - News Summed Up

U.S. Dollar Falls as ECB Sends Hawkish Signal


The U.S. dollar fell Thursday after minutes from the European Central Bank’s December meeting signaled the central bank may phase out its bond-buying program sooner than investors had expected. The Wall Street Journal Dollar Index, which measures the currency against a basket of 16 others, fell 0.4% to 85.46, as the euro strengthened 0.7%.


Source: Wall Street Journal January 11, 2018 18:00 UTC



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