Dollar Declines To 11-day Low Against Pound

October 20, 2014

London (Oct 20)  The US dollar drifted lower against the pound in European deals on Monday.

The greenback hit 1.6147 against the pound, its lowest since  October 9  , and was 0.4% lower from Friday's closing quote of 1.6086. If the greenback slides further, 1.62 is seen as its next possible support level.

Source: AllianceNews

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