Dollar Drops To Two Week Low – 11 October, 2017

Central bankers are concerned about low inflation as the Dollar drops to a two week low after the U.S. Federal Reserve’s meeting. The Dollar index slipped to a low of 92.839, its lowest since September 26 when it hit 0.2 percent at 92.877. The Dollar also slipped against the Yen by 0.1 percent to 112.38 Yen. U.S. job figures showed a rise in wages which encouraged expectations that inflation is increasing.