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 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.
The US dollar surged to a 13-year high against the yen on Friday after a strong report from the Labor Department on US jobs data.
The US dollar rose last week, even reaching 12-year highs against the yen, due to remarks from Federal Reserve chair Janet Yellen.