Publishing date: Apr 30, 2021 • 6 hours ago • 3 minute read •
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LONDON The U.S. dollar skidded towards a fourth straight weekly decline and its longest weekly streak of losses since last July against a basket of major peers on Friday, as the Federal Reserve stuck to its message of ultra-low interest rates for longer.
The dollar index was on course to end the week 0.2% lower, bringing its losses for April to 2.7%. A four-week losing streak would be the longest since the six-week slide to the end of last July, and the monthly loss would also be the biggest since July’s 4% slump.
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