(AFX UK Focus) 2008-10-07 19:33 FOREX-Dollar extends losses versus euro on Fed minutes (Interactive Investor)
NEW YORK, Oct 7 (Reuters) - The U.S. dollar extended losses versus the euro on Tuesday after minutes from the Federal Reserve’s last policy meeting suggested the central bank was open to cutting benchmark interest rates if the financial turmoil hurt growth. The euro last traded up 0.9 percent at $1.3600, versus $1.3575 before the minutes. The dollar was last down 0.1 percent at 101.76 yen. …
Original post by Philippe Meyer
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