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Fed speakers halt US$ slide with talk of rate rises

Published Tue, Mar 28, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

London

THE US dollar steadied on Tuesday after its worst week since US President Donald Trump's election in November, promises of more rises in Federal Reserve interest rates this year helping it recover from multi-month lows in still shaky global markets.

A dip in iron ore prices helped weaken higher-risk currencies including the Australian and Canadian dollars, with eyes also shifting to an appearance by Bank of Canada governor Stephen Poloz.

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