(Bloomberg) -- The dollar extended its drop against the euro after a government report showed foreign investment in U.S. securities fell in February more than economists forecast.
``You are seeing some pressure on the dollar,'' said Mark Meadows, a currency trader in Washington at Tempus Consulting Inc. ``The concern is that if foreign investors purchase less of U.S. assets, the dollar may lose support. But the February number follows a high number in January.''
Read more at Bloomberg Currencies News
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