Dollar slumps to 32-month low

|By:, SA News Editor

The greenback is losing ground against both the yen and euro as a combination of factors weigh on investors' minds.

These include the impending landfall of Hurricane Irma, tensions over North Korea, the ECB's indication it may taper its QE program, as well as a Fed rate hike that's likely off the table for December.

The U.S. dollar index is now at its lowest level since January 2015, slipping 0.4% to 91.08 in overnight Asia trading.


Subscribe for full text news in your inbox