Monday, April 2, 2007

Dollar falls as investors search for clues on rates

(Reuters) - The dollar slipped against the euro and yen on Monday, with the market focused on Friday's U.S. jobs data for March and the week's other economic data for clues on when the Federal Reserve might cut interest rates.

The dollar barely reacted to a survey by the U.S. Institute for Supply and Management that was almost in line with expectations. For more details, click. The report showed manufacturing grew in March but at a slower pace than in February.


Read more at Reuters Africa

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