Lates News

After being impacted by Moody's cancellation of the US government's top credit rating, the US dollar came under pressure again after the opening of London trading, with the trade-weighted exchange rate falling by 0.6%. The pound/dollar rose by 0.6% to 1.3366; the euro/dollar rose by 0.7% to 1.1240, also supported by Lagarde's weekend comments. The dollar/yen fell by 0.7% to 114.70, the lowest level since May 8th.