Dollar pauses after rallying to one-year high earlier in week By Reuters – Investing.com
- Date: 14-Oct-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Dollar pauses after rallying to one-year high earlier in week By Reuters – Investing.com
By Kevin Buckland
TOKYO (Reuters) - The U.S. dollar touched its lowest point this week against major peers on Thursday, taking a breather from a rally that had lifted it to a one-year high powered by expectations for quicker Federal Reserve interest rate hikes.
The Australian and New Zealand dollars reached multi-week highs, while cryptocurrency bitcoin rose to a five-month peak.
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