Currencies News

Dollar Reverses Drop, Shrugging Off Weaker U.S. GDP and Durables

The dollar reversed a morning drop to post a slight gain as traders tweaked positions ahead of the weekend and before Fed policy makers begin a two-day meeting next week.

U.S. Stocks Slip, Treasuries Climb as Oil Drops: Markets Wrap

The dollar weakened, while Treasuries advanced after data showed U.S. economic growth cooled last quarter, giving investors little reason to add to reflation trades that have set the tone on markets since Donald Trump’s election. American equities were little changed near all-time highs amid earnings.

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