FOREX-Dollar index's losses grow as U.S. consumer sentiment weakens

By Kitco News / January 19, 2018 / www.kitco.com / Article Link

NEW YORK, Jan 19 (Reuters) - The dollar added to its losses versus a group of currencies on Friday as the University of Michigan's gauge on U.S. consumer sentiment in early January unexpectedly weakened to its lowest level since July. At 10:11 AM (1511 GMT), the index that tracks the greenback against a basket of currencies on a trade-weighted basis was last down 0.08 pct at 90.465. It was not far from a three-year low of 91.104 set on Wednesday.


(Reporting by Richard Leong Editing by Chizu Nomiyama)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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