The U.S. dollar slipped after the release of U.S. data

02 November 2009 @ 05:01 pm EDT

The green currency and yen fell after the release of stellar U.S. data which came better than forecasts. The manufacturing data in China, U.S., and Europe released today provided evidence that world economies are recovering which spurred demand on higher-yielding currencies. The dollar index, which tracks the dollar movements against a basket of major currencies, slumped to 75.97 from the opening at 76.34.

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