Dollar posts biggest quarterly drop in nearly seven years | Reuters

The U.S. dollar recovered slightly on Friday, but posted its biggest quarterly decline against a basket of rival currencies in nearly seven years after hawkish signals from foreign central banks this week pressured the greenback further. Investors have ramped-up expectations for tighter monetary policy from the European Central Bank, Bank of England and Bank of Canada after hints from officials this week.

Source: Dollar posts biggest quarterly drop in nearly seven years | Reuters

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