Dollar Falls as Stocks Gain

Global stock markets are on the rise today on growing speculation that the Federal Reserve and other major central banks, will continue to hold interest rates at record low levels. The dollar and the yen both fell today as investors turned their attention to equities and higher-yielding currencies as reports due later this week, are expected to show rising export orders in Taiwan and South Korea.

Bloomberg News

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.