Currencies
Currencies News
Dollar Rises for Eighth Week Versus Yen as Fed Trims Bond Buying
The dollar rose against the yen for an eighth week, the longest streak since February, after Federal Reserve officials voted to reduce monetary stimulus amid signs that economic growth is gaining momentum.
Baht, Ringgit Lead Drop in Asian Currencies on Fed Taper Plan
Asian currencies retreated this week, led by the Thai baht and Malaysia’s ringgit, after the Federal Reserve said it will pare stimulus that has fueled demand for emerging-market assets.