The dollar fell to its lowest level in 9 days against...


The dollar fell against major currencies on Thursday, hitting a nine-day low, reversing its recent rally, while the British pound, the Australian and New Zealand dollars rose.
The dollar rose in September and since the beginning of October on expectations that the US central bank will tighten monetary policy faster than expected, but it retreated, giving up its recent gains, even after the minutes of the US central meeting for September confirmed that reducing stimulus measures will likely begin this year.
The dollar index fell 0.1% on the day to 93.994, its lowest level since October 5th. The dollar hit a one-year high of 94.563 on Tuesday.
The euro rose 0.1% to $1.16105, its highest level in nine days.
The Australian dollar rose 0.3% against the greenback to $0.74055. The currency ignored data that revealed a decline in the number of jobs, while investors are betting on a quick recovery since the easing of the closure measures.

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