Tag: dollar jumps
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Dollar jumps to near two-month high on Fed outlook, inflation concern
NEW YORK, Sept 23 : The US dollar rallied to its highest level in nearly two months on Wednesday as investors’ expectations of a near-term Federal Reserve rate hike grew, while oil prices jumped after Iran cast doubt on progress in peace talks.Since the central bank’s rate hike of 25 basis points last week to
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Dollar jumps to near two-month high on Fed outlook, oil climb
NEW YORK, Sept 23 : The US dollar rose to its highest level in nearly two months on Wednesday as investors priced in a rate hike cycle from the Federal Reserve, while oil prices jumped as comments from Iran cast doubt on progress in peace talks.In the wake of the central bank’s rate hike last…
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Dollar jumps as Fed holds rates but projects one hike later this year
NEW YORK, June 17 : The dollar strengthened across the board on Wednesday after the Federal Reserve held the benchmark interest rate steady and the Fed’s statement showed policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation.While the central bank left the policy
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