Dollar down on forex markets
June 6, 2005
The US dollar was down in relation to almost all currencies on Monday.
The exception was the Brazilian real, which fell 1.9 percent in relation to the dollar amid sell-offs in reaction to a political corruption scandal in which the Brazilian Workers Party has been accused to paying congressmen to support its programs.
The US dollar was also down 0.4 percent against sterling, to $1.8205. It was also down 1.3 percent to $0.7651 in relation to the Australian dollar and fell 1.4 percent against the New Zealand dollar.
The yen was up in relation to the US dollar, rising 0.8 percent to ¥106.87.