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Dollar Holds Gains Before Jobs Data as GDP Boosts Fed Taper Bets
Kevin Buckland and Candice Zachariahs8:03 pm ET
The dollar held gains against most major peers before a U.S. jobs report today and after data yesterday showed the economy expanded more than forecast, fueling bets for an earlier taper in Federal Reserve stimulus.
Euro Bulls Crack as Odds of Return to 2013 Lows Jump: Currencies
Joseph Ciolli7:00 pm ET
The surprise decision by the European Central Bank to cut interest rates means there’s now about an even chance that the euro, this year’s best performing major currency, erases all of its gains in a matter of months.
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