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EN
Dollar rebounds on Fed chair buzz, but is the worst really over?
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Mathrubhumi English
Dollar pares weekly losses on Fed nomination buzz and shutdown optimism, but remains under pressure from Cuba tariffs and Iran tensions.
The Euro fell 0.4% to $1.1916, and was also quoted 0.2% lower at $1.194.
Reports that Trump is considering strikes against Iran triggered a surge in oil prices earlier and pressured the Dollar.
The Australian Dollar fell 0.7% to $0.6996, and was also seen 0.2% lower at $0.7033.
The New Zealand Dollar slipped 0.5% to $0.6045, and was also quoted 0.2% lower at $0.6066.