Thursday, July 19, 2007

Dollar slips slightly, eyes interest rates

(Reuters) - The dollar eased slightly against most currencies on Thursday over concerns about the health of U.S housing market as investors eye the next Federal Reserve rate move.

The dollar reached its lowest levels in years on Wednesday following a speech by Federal Reserve Chairman Ben Bernanke outlining risks in the housing market that could weigh on U.S. economic growth.


Read more at Reuters Africa

No comments: