U.S
Dollar extended losses against major currencies
June
10th 2015
The U.S Dollar
has continued its decline against the Euro and other major rivals. As the
greenback was affected by the statements of President Barack Obama who said that
the strong Dollar is” a problem “during the G7 summit in Germany. On the other hand, the
EUR/USD rose to 1 weak high on Wednesday amid the continuation of the sell-off
in European government bonds. However the common currency gains are expected to
remain limited on concerns about Greece debts.
