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- US focus: the dollar plummeted down
US focus: the dollar plummeted down
The dollar dropped against a basket of rival currencies on U.S. debt ceiling talks. In addition, the S&P reiterated the risk of a downgrade of U.S. debt within three months is at 50-50.
The euro hit the 2-week high versus the dollar on bets the European Financial Stability Facility may guarantee Greek bonds.
The Australia’s dollar rebounded and shows a steady growth.
The Canadian dollar rose for a third day versus its U.S. rival as today the Bank of Canada prompted investors to move forward the date of expected interest rate increases.
The yen gained after beating data from Japan Ministry of Finance, showing ?70.737 billion ($897 million) trade surplus in June.
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