Currencies News

Dollar Reaches Highest Versus Yen Since 2008 on Fed; Ruble Drops

The dollar advanced to a six-year high against the yen as a report showed U.S. retail sales rose the most in four months in August, adding to the case for the Federal Reserve to increase interest rates.

Pound Drops to Lowest Since November on Scots’ Referendum Poll

2:00 am ET

The pound tumbled for a second week as polls showing a swing in favor of Scottish independence from the U.K. damped demand for the British currency.

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