Tuesday, July 3, 2007

Dollar near 26-year low vs pound as ECB, BoE awaited

(Reuters) - The dollar held near a 26-year low against the pound on Wednesday and a two-month trough versus the euro, with trade quiet around the U.S. Independence Day holiday as investors awaited key central bank verdicts later this week.

The yen edged up after ratings agency Moody's said it may upgrade Japan's sovereign rating of A2, saying the country had reached an "inflection point" in the government's efforts to improve its massive debt.


Read more at Reuters Africa

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