News

21
Sep

Dollar rises to two-month high vs. yen on heightened Fed hike expectations

The dollar rose to a two-month high against the yen and extended its gains against the euro on Thursday after a hawkish-sounding Federal Reserve heightened expectations for an interest rate hike in December. After concluding a closely watched two-day policy meeting on Wednesday, the Fed left interest rates unchanged...

11
Sep

Dollar stabilises after selloff; focus on North Korea, Hurricane Irma

The dollar caught its breath in early Asian trading on Monday, pulling away from last week’s lows against its major rivals after the weekend passed without any missile launches by North Korea. Instead North Korea observed the 69th anniversary of its founding on Saturday with a celebration honoring the...