(Bloomberg) -- The dollar fell the most against the
euro in more than a week on reports showing a measure of
inflation rose less than economists forecast and industrial
production stalled last month.
Treasury yields fell from near five-year highs, as
investors pared expectations of a boost in borrowing costs by
the Federal Reserve. The yen fell against all of the 16 most
active currencies tracked by Bloomberg as Bank of Japan Governor
Toshihiko Fukui said the central bank needed to be ``more
confident'' about price increases before raising rates.
Read more at Bloomberg Currencies News
euro in more than a week on reports showing a measure of
inflation rose less than economists forecast and industrial
production stalled last month.
Treasury yields fell from near five-year highs, as
investors pared expectations of a boost in borrowing costs by
the Federal Reserve. The yen fell against all of the 16 most
active currencies tracked by Bloomberg as Bank of Japan Governor
Toshihiko Fukui said the central bank needed to be ``more
confident'' about price increases before raising rates.
Read more at Bloomberg Currencies News
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