Currencies
Currencies News
Dollar Rises to 7-Week High on U.S. Rebound; Kiwi Slips on Milk
The dollar rose to the highest level in seven weeks against major peers amid optimism the U.S. recovery is gathering pace as the Federal Reserve convenes to debate the pace of raising interest rates.
New Zealand Kiwi Vulnerable to Currency Intervention, UBS Says
New Zealand’s overvalued dollar is at risk of further declines after its central bank warned that the currency’s level is “unjustified,” according to UBS AG.