Dollar falls as some central banks outside U.S. hold rates steady

Dollar falls as some central banks outside U.S. hold rates steady

September 19, 2019

Some analysts also attributed lower demand for the greenback as stress in U.S. money markets has subsided with the Fed injecting over $200 billion in temporary cash into the banking system since Tuesday. “The shortage of dollars has eased somewhat. With a possible crisis averted, you have people moving back into other currencies,” said Karl Schamotta, chief market strategist at Cambridge Global Payments in Toronto, to the Financial Post. Read the article here: https://bit.ly/2m18Su5

For further information, please contact Cambridge Global Payments

Press Inquiries

To connect with our global press contact and newsroom, click here

How can we help you?

Let us get to work on helping you today.

Thank You. We’ll be in touch within 24 hours.