Business

Dollar down on weak US markets, Aussie sinks after low inflation

The US dollar weakened against the euro and yen today, undermined by a decline in US equity prices and Treasury yields and finding little support from a slower-than-expected expansion in the US manufacturing sector. "As (US) equities underperform, this leads to buying of Treasuries and yields fall. The dollar is softer as a... Read More

A game room for employees is seen at Motorola Mobility global headquarters in Chicago, Illinois, yesterday. – Reuters pic, April 23, 2014.

A game room for employees is seen at Motorola Mobility global headquarters in Chicago, Illinois, yesterday. – Reuters pic, April 23, 2014.

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