Tag «billion»

Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA

DOLLAR DROPP

U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, but the Aussie trailed …