Dollar Slips From 4 1/2 Month High – 10 May, 2018
The dollar index fell just below a 4 1/2 month high of 93.42 to 92.71 while the euro jumped up above a 4 1/2 month high of $1.1823 to $1.1918. The common currency rose against the yen to 130.38 yen recovering from a six week low of 129.24 yen set last Tuesday. After Thursday’s high of 110.02 yen, the dollar dipped slightly to 109.40 yen. The Australian dollar climbed out of an 11 month low of $0.7413 to $0.7526.