You are here

CURRENCIES

Greenback heading for 9th month of gains

YELLEN01.jpg
Fed Chair Janet Yellen said last Friday that she expects rates to rise this year, supporting the greenback, which is headed for its ninth straight monthly advance.

New York

CALL it a reality check. After the Federal Reserve tempered market expectations for a mid-year interest rate increase two weeks ago, sending the US dollar to its biggest weekly decline since 2011, traders refocused on the bigger picture: the US central bank is still moving

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom