Dollar rides high on Fed rate-hike bets

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Free Malaysia Today Malesia 1h

Dollar rides high on Fed rate-hike bets

The dollar has broken the US$1.14 level against the euro this week, hitting its strongest in 13 months at US$1.1325 overnight. (EPA Images pic) SINGAPORE: A surging dollar has swept past chart resistance and is heading toward its sharpest monthly gain in almost a year on Thursday, as traders bet on»»»

freemalaysiatoday.com
Channel News Asia Malesia 5h

Trading Day: Tech jitters smother inflation relief

ORLANDO, Florida, June 24 : U.S. bond yields tumbled on Wednesday as oil's slide to a four-month low eased inflation fears, although the relief wasn't felt as much in equity markets and persistent worries over tech valuations pushed the S&P 500 and Nasdaq lower. In my column today, I look at why th»»»

channelnewsasia.com
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