Currency News: Focus On Interest Rate Hike With Greek Deal In Place
With a Greek deal in place, the dollar has advanced against other major currencies as investors’ focus shifts back to the upcoming interest rate hike from the Federal Reserve.
With a Greek deal in place, the dollar has advanced against other major currencies as investors’ focus shifts back to the upcoming interest rate hike from the Federal Reserve.
The strong dollar value is perceived as the consequence of the sign of a strong US economy. The dollar achieved a two straight weekly gain before the Greek vote but this climb is slowing down…
The Japanese Yen made headlines today as it appreciated more than expected against the Euro on news that Greek debt talks fell apart.
The US dollar fell in trading last week against the euro and the yen as the timing of a potential interest rate hike has been pushed back.
The US dollar fell against some of its main rivals last week even as the economy posted strong data.