Dollar Drops for a Fourth Week on Bets Federal Reserve Will Buy More Debt

Dollar Drops for a Fourth Week on Bets Federal Reserve Will Buy More Debt

The dollar fell against the euro for a fourth week in the longest stretch of losses in almost two years as bigger-than-expected U.S. job cuts spurred speculation that the Federal Reserve will buy more debt.

The U.S. currency dropped yesterday below 82 yen for the first time since 1995 before next week