Economic Worries Push U.S. Dollar Lower on FX Market
Dollar weakness in currency tradingThe U.S. dollar is reaching lows against the Japanese yen in currency trading on the FX market this morning. Fears of recession have set in for the U.S. economy, and the dollar is dropping against a variety of major currencies. The BBC reports on the U.S. dollar on the FX market:
Deepening gloom over the prospects for the US economy has sent the US dollar to its lowest level against the yen since May 2005.See AlsoU.S. Dollar on the FX MarketTrading with major currencies