NEW YORK -- The U.S. dollar remained lower on Friday after a report showed import prices rose at twice the pace economists expected. The dollar index /quotes/comstock/11j!i:dxy0 (DXY 76.66, -0.15, -0.20%) , a measure of the greenback against a trade-weighted basket of currencies, stood lately at 76.643, down from 76.824 in North American trading Thursday afternoon. The index has lost about 2% this week, and continued a slide to its lowest level in a year on Friday after another round of surprisingly strong Chinese economic data further boosted investors' appetite for riskier assets. Still to come is a report forecast to show U.S. consumer sentiment improved this month.
source:-.n2cm.com
Thursday, October 8, 2009
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