Stories tagged “Fed Rate Hike.”
3 stories
Latin American currencies gain as Fed rate hike bets ease
Most Latin American currencies rose against the dollar on Monday as traders reduced expectations for a Federal Reserve interest rate increase in September. Higher commodity prices helped limit losses in regional equities.
Asia FX ticks up, dollar dips after soft U.S. PPI curbs Fed hike bets
Asian currencies ticked higher on Friday and the dollar weakened slightly after subdued U.S. inflation data further reduced expectations of a Federal Reserve interest-rate hike in the near term. Most units were little changed, restrained by lingering Middle East tensions …
Bitcoin jumped about 3.6 percent to near $64,800 after U.S. inflation cooled more than expected, sharply reducing market odds of a near-term Federal Reserve rate hike.