U.S. Dollar Slips Broadly on Economic Recovery Concerns

The U.S. Dollar slipped in early morning trading in New York, striking new multi-month lows versus the Japanese Yen, Pound Sterling and the common currency Euro on growing concerns that the pace of the economic recovery in the United States is slowing. As reported at 9:21 a.m. Source: DailyForex News

Pace of the U.S. Economic Recovery Pressures U.S. Dollar in Asian Trading

The U.S. Dollar remained under pressure in Asian trading today following the release of tepid economic data from the United States which is seen by many as evidence that the pace of the economic recovery is slowing. Source: DailyForex News