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U.S. Dollar Index Lower, September FX rates

September 25, 2013 by Shaun Sharpe Leave a Comment

medium_2397388906The Fed’s decision last week to not begin tapering its bond-buying program has driven the U.S. Dollar index lower.

The Brazil Real saw a 3.34% gain last week. Both the Euro and Australian dollar are at 7 month highs against the U.S. dollar.

U.S. exports could see an upswing as U.S. made goods become more attractive to foreign buyers when the U.S. dollar is weaker.

9252013 fx rates

photo credit: pfala via photopin cc

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Filed Under: Economy Tagged With: Exports, Fed, Federal Reserve System, FX Rates, South America, U.S. exports, United States dollar, US Dollar, US Dollar Index US

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