The dollar is near the lowest level in 11 weeks, amid weak economic data


The dollar fell today, Wednesday, to approach its lowest level in 11 weeks against the main currencies, under pressure from the decrease in the returns of short -term US treasury bonds after a series of weak economic data.

The yen, which is a safe haven, has risen to its highest level since October, with the increasing twice the morale of the investor amid the threat of the US President’s administration, Donald Trump, to impose new customs duties.

The Canadian dollar also settled near its lowest level in two weeks, in light of expectations of additional fees next week, according to “Reuters”.


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