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Dollar Drops Against Euro On Strong German Data

From rttnews.com

The dollar is turning in a mixed performance against its major rivals Friday afternoon. The buck has weakened notable against the Euro at the end of the trading week after German business confidence data climbed to a new record high in November. The lack of U.S. economic data is keeping some investors on the sidelines. In addition, yesterday's Thanksgiving holiday and today's shortened trading session are also keeping traders away from their desks. The dollar has dropped to a 2-month low of $1.1935 against the Euro Friday afternoon, from an early high of $1.1836. Germany's business confidence strengthened to a new record in ... (full story)

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