Currencies
Currencies News
Dollar Rises as Hedge Funds Position for Further Gains in 2016
The dollar climbed the most in nearly two weeks versus the euro after a report showed hedge funds boosted bets on a strong greenback for the first time in a month.
Brazil Real Drops as Budget Deficit Concern Outweighs Bank Vow
Brazil’s real dropped as concern the government will struggle to curb the budget deficit outweighed a commitment to pay money it owes state-owned banks.