Currencies News

Dollar Has Best Week in 10 Months as Aussie Punished With Rand

7:19 am ET

The dollar headed for its biggest weekly advance in 10 months against major peers with U.S. data today predicted to show strengthening retail sales, adding to the case for the Federal Reserve to raise interest rates.

Asia Currencies Have Biggest Weekly Drop Since April on Fed Bets

5:16 am ET

Asian currencies recorded their biggest weekly decline since April as an improving U.S. economy spurred speculation the Federal Reserve will bring forward its timetable to raise interest rates.

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