RTRS: Dlr index slides to 2-month low; euro above $1.36
The dollar resumed its slide on Thursday, hitting a 2 month low versus a basket of currencies after its biggest one-day loss since at least 1985 the previous day after the Federal resrve opted to effectively print money.
By 1152 GMT, the dollar index had fallen 0.9 percent to 83.335 .DXY -- last seen in mid January. The euro hit a 10-week high at $1.3623 , while the dollar also slipped below 95 yen .
"It's all about the dollar and QE and although the dollar has been fairly stable in Europe this morning, the U.S. has come in and is selling, that's what caused the pop higher for the euro," said Lee Ferridge, an FX strategist at State Street Global Markets.
"It's a bit of a knee-jerk reaction but we could still see more selling over the next few days."