By Bo Nielsen Nov. 25 (Bloomberg) -- The dollar weakened beyond $1.50 against the euro and to a 10-month low versus the yen after the Federal Reserve refrained from voicing concern over the greenback’s decline. The U.S. currency fell to the lowest in two weeks against the euro after the Federal Open Market Committee called the dollar’s depreciation “orderly” in minutes of its November meeting published yesterday. It tumbled against Australia’s dollar as Reserve Bank of Australia Deputy Governor Ric Battellino said the economy has entered a “new upswing,” fueling speculation the central bank will raise rates for a third month in December. “Markets took it as if the Fed gave a green light to sell the dollar,” said Geoffrey Yu, a currency strategist at UBS AG in London. “At the same time it seems that all central banks are sounding a bit more positive.” The dollar fell to $1.5037 per euro as of 9:34 a.m. in London, from $1.4968 in New York yesterday, after dropping to $1.5038, the weakest since Nov. 11. The greenback slid to 92.86 cents per Australian dollar from 91.92 cents. The dollar was at 87.71 yen from 88.50 yen, after dropping to 87.56 earlier, the lowest since Jan. 21. Investors reducing trades before the U.S. Thanksgiving holiday made the market more volatile, Yu said. To contact the reporters on this story: Bo Nielsen in Copenhagen at bnielsen4@bloomberg.net

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