Currencies
Currencies News
Dollar Climbs to Highest in 4 Months as Growth Boosts Taper Bets
The dollar rose to the highest level in four months as signs the world’s biggest economy is recovering fueled speculation the Federal Reserve will keep cutting monetary stimulus.
Gold Declines Most in a Week on Outlook for Reduced Stimulus
Gold futures slumped the most in a week on speculation that the U.S. Federal Reserve will continue trimming monetary stimulus, boosting the dollar and cutting the metal’s appeal as an alternative investment.