Currencies
Currencies News
Dollar Holds Biggest Advance in Seven Months on Fed; Yuan Slides
The dollar held its biggest gain in seven months versus a basket of its peers after Federal Reserve policy makers signaled they’ll probably raise interest rates by the middle of next year.
Shekel Seen Tumbling 10% as Momentum Stretched: Market Reversal
If history is any guide, the shekel is poised for declines of more than 10 percent after posting the world’s biggest advance.