US dollar slips to 4-week low

London

THE dollar slipped to a four-week low against a basket of currencies on Thursday, kept under pressure by a recent dip in US 10-year bond yields, while volatile bitcoin came under renewed pressure after a 30 per cent fall in less than two weeks.

The dollar index, which measures the greenback against a basket of six major currencies, slipped as much as half a per cent on Thursday to its weakest since Dec 1.