Investors Dump the Dollar as US Government Partially Shuts Down

October 01, 2013 at 9:40 AM

• Analyst expect Fed to extend easy policy stance to further weaken the buck
• Pound hits highest level against the dollar since January 3rd
• Italy in disarray as ECB pledge keeps nation from brink
• Aussie dollar rallies as central bank keeps interest rates unchanged at 2.5%

Tags: Dollar pound