Monthly Archives: November 2005

Dollar drifts higher, market looks for direction

November 23, 2005 – 1:59 pm

SINGAPORE, Nov 23 - The dollar extended its decline in Asian trading on Wednesday after minutes from the U.S. Federal Reserve’s Nov. 1 meeting indicated that the Fed could be close to ending its policy-tightening cycle.
The dollar had slipped in late New York trading on Tuesday after traders read the minutes to mean that some [...]

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