The decline came two days after the Federal Reserve said it will keep buying bonds to spur economic growth and reduce unemployment, increasing concern the dollar is being debased. The greenback weakened earlier as risk appetite rose after data showed manufacturing in the 17-nation euro region shrank less in January than earlier estimated.
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Dollar Falls as Increase in U.S. Payrolls Adds to Risk Appetite
The decline came two days after the Federal Reserve said it will keep buying bonds to spur economic growth and reduce unemployment, increasing concern the dollar is being debased. The greenback weakened earlier as risk appetite rose after data showed manufacturing in the 17-nation euro region shrank less in January than earlier estimated.
