Currencies
Currencies News
Dollar Rises Against Peers After Fed Cuts Stimulus; Yen Rebounds
The dollar climbed against most of 16 major counterparts after the Federal Reserve decided to slow stimulus that’s seen to have debased the U.S. currency, reinforcing prospects the world’s largest economy is improving.
Pound Jumps Most in Six Weeks Versus Euro as Jobless Rate Falls
The pound jumped the most in six weeks against the euro after U.K. unemployment fell to the lowest since April 2009, fueling speculation the central bank will raise interest rates sooner than it intends.