Currencies
Currencies News
Dollar Rallies After Fed Outlook Fuels Biggest Slide Since 2009
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
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.