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Strong dollar environment seems to be fading

Ewald Nowotny.jpg
The dollar repelled an attack by the euro on US$1.15 on Thursday, helped by comments by European Central Bank policymaker Ewald Nowotny, who said it was "obvious" the bank must search for more ways to stimulate the euro zone economy.

London

THE dollar repelled an attack by the euro on US$1.15 on Thursday, helped by comments by European Central Bank policymaker Ewald Nowotny, who said it was "obvious" the bank must search for more ways to stimulate the euro zone economy.

The dollar has fallen against the basket

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