THE US dollar continued its losing streak this week, sliding against a basket of major currencies by 0.52% to a 3-year low of 90.498 due to the euro’s rally, mixed bag of data and concerns of a possible US government shutdown.
Data showed weaker-than-expected NY Empire State and Philadelphia Fed Manufacturing Indices in January of 17.7 and 22.2, respectively.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!