Currency News: Dollar Stronger On Yellen’s Testimony
After Federal Reserve Chair Janet Yellen gave testimony to congress, the greenback advanced 3% against the euro from a week earlier, the biggest gain in eight weeks.
After Federal Reserve Chair Janet Yellen gave testimony to congress, the greenback advanced 3% against the euro from a week earlier, the biggest gain in eight weeks.
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.
1 Year Currency Forecast from June 30th 2014 to June 30th 2015.
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.
1 Month Currency Forecast from May 15th 2015 to June 15th 2015.