Bank Of Baku

U.S. dollar strengthens on Fed tapering speculation

 U.S. dollar strengthens on Fed tapering speculation
# 13 July 2013 03:47 (UTC +04:00)

Baku-APA. The U.S. dollar gained against other major currencies Friday as investors bet the Federal Reserve will cut monetary stimulus earlier than the European Central Bank, APA reports quoting Xinhua.

 

In late New York trading, the euro lost to 1.3061 dollars from 1.3104 dollars of the previous session.

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