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LONDON, July 2: The dollar dipped to a two-month low against the euro on Wednesday on a report that the US private sector lost 79,000 jobs last month, raising fresh fears about the health of the world’s largest economy.
Traders were also anticipating a move on Thursday by the European Central Bank to raise eurozone interest rates a quarter of a point to 4.25 per cent, which would likely boost the euro further against the dollar.
The single European currency in late-day deals was at $1.5867 after $1.5796 on Tuesday.
The dollar was stable against the yen at 106.10 yen.—AFP
