The United States dollar decreased on Wednesday against several major global peers as economic data worried traders. In addition to consumer confidence falling to a nine-month low in April, the markets are seemingly paying more attention to the public comments the White House and Republican lawmakers are making about the debt limit and the potential consequences of inaction by US authorities.
The euro increased by 0.74% against the American currency, changing hands for 1.10595 at 6:48 am ET and the British pound went up 0.66% compared to the greenback to sell for 1.24886 a minute later. The dollar declined 0.22% to ¥133.45 at 6:50 am ET.
