Currencies News

Dollar Rallies After Fed Outlook Fuels Biggest Slide Since 2009

5:09 pm ET

The dollar rebounded from its biggest drop in six years amid speculation the Federal Reserve will still raise borrowing costs this year even after cutting its interest- rate projections.

Fed Inspired Currency Volatility Seen Weighing on Liquidity

2:56 pm ET

Foreign-exchange traders better get used to wider swings in exchange rates and less liquidity as the Federal Reserve keeps markets guessing while moving closer to raising interest rates.

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