News

20
Nov

Dollar Gain Slows as Focus Turns to Flat Curve From Yield Spread

Widest 2-year yield spread not enough to woo greenback buyers U.S. currency 0.6 percent below three-month high versus yen The dollar’s surge is losing steam against the yen as investors shift their attention to how fast the Federal Reserve will raise interest rates next year from whether the first liftoff in almost a decade...

09
Nov

Pound Analysts Caught Out as Dovish Carney, U.S. Jobs Spark Drop

BOE says pound’s strength weighing on U.K. inflation Gilts slide as U.S. nonfarms data boost Fed rate speculation The waning prospect of a Bank of England interest-rate increase next year is confounding strategists’ predictions for the pound and U.K. government bonds. BNP Paribas SA and Morgan Stanley’s calls for sterling...