SUBSCRIBERS
US dollar slips to 4-week low
Published Thu, Dec 28, 2017 · 09:50 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results