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Currencies News
Dollar Trades Near 6-Year High Versus Yen as Fed Begins Meeting
Kristine Aquino1:17 am ET
The dollar traded near the highest in six years versus the yen as investors weighed the timing for the Federal Reserve’s first interest-rate increase since 2006 before policy makers begin a two-day meeting today.
Aussie at 85 U.S. Cents Won’t Ease Economy’s Pain, May Spur RBA
Candice Zachariahs
A slide in the Australian dollar toward 85 U.S. cents probably wouldn’t be sufficient to wean the local economy off its dependence on resources industries, according to speakers on a panel at the Bloomberg Economic Summit.
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