The dollar tumbled against the world's leading currencies -yesterday as investors bet that evidence of a faltering US -recovery would lead to further monetary easing by the Federal Reserve.
Currency traders said the worsening outlook for the US economy raised the prospect of a return of the so-called dollar “carry trade”, in which investors take advantage of low US interest rates to invest in -higher-yielding currencies.
The yen yesterday approached its highest in 15 years against the dollar, trading at Y85.66, while the euro rose to $1.3261, a three-month high.
您已閱讀35%（566字），剩余65%（1057字）包含更多重要信息，訂閱以繼續(xù)探索完整內容，并享受更多專屬服務。