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Dollar plunges for second day on doubts over 2016 Fed rate hikes - Reuters

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POSTED BY:
Canada Forex Portal

DATE:
02/04/2016

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Speculators had cut bullish bets on the U.S. dollar in recent weeks on reduced Fed rate hike expectations. The value of the dollar's net long position was at $23.85 billion in the week ended Tuesday, Jan. 26, marking the fifth straight weekly decline

Read More:
http://www.reuters.com/article/us-global-forex-idUSKCN0VD02M

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