The dollar index .DXY, which measures the greenback against a basket of six major currencies, crashed by 0.12 percent to 100.37, on Wednesday, December 7, after sliding to 99.849 on Monday, the lowest level since Nov. 15.
The dollar was flat at 113.96 yen JPY=. The yen weakened earlier on Wednesday after Bank of Japan Deputy Governor Kikuo Iwata said the central bank had not shifted its focus away from the pace of money printing.
The Australian dollar AUD= fell as low $0.7411 before retracing losses after data showed Australia’s economy shrank 0.5 percent last quarter, the largest decline since 2008.
Meanwhile, the British Pound Sterling slumped as much as 0.8 percent to hit a one-week low of 85.255 pence against the euro EURGBP= after data showed British industrial output suffered its biggest monthly fall in more than four years.
The euro EUR= was last up 0.25 percent against the dollar, at $1.0744, after hitting a three-week high of $1.0796 on Monday.
