LONDON, England - August 11, 2010 - The U.S. dollar slid to a 15-year low against the yen Wednesday, dragged down by the ongoing Depression in the world's biggest economy.

The greenback was quoted at 84.71 yen in London, the lowest since 1995.

Investors stepped up selling of dollars after the Federal Reserve announced Tuesday additional monetary easing steps in a bid to shore up the flagging U.S. economy. The central bank also downgraded its assessment of the economy's prospects.

"Investors were unnerved by the Fed's statement. It just confirmed that the U.S. economic recovery is slowing," said a dealer at a Japanese bank in Tokyo. The dealer declined to be named, since he was not authorized to talk to the media.