(Bloomberg) -- The dollar fell for a second day against the yen on speculation reports this week will show a dip in sales at U.S. wholesalers and retailers, adding to signs the world's largest economy is slowing.
A weakening economy may fuel bets the Federal Reserve will lower interest rates this year, undermining support for the dollar. The U.S. currency on May 4 snapped a three-day rally against the yen after a government report showed U.S. employers added the fewest jobs in more than two years.
Read more at Bloomberg Currencies News
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