U.S dollar depreciates to a 3-year low price in the forex market causing a spur by analysts saying that this it's possible it might fall further. With a dim outlook the USD fell against most of its major currency rivals.
Losing 0.7% against EUR, the USD fell to trade at 1.4612. The pair is currently trading at 1.4623.
Furthermore, contrary to the U.S Dollar; the Aussie Dollar continues in good graces to spike an almost 3 decade high. to 1.0766 Dollar, reaching its strongest point at 1.0772. The Aussie gained about 3.8% strength over the past 6 months.
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