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Dollar set for longest weekly winning streak since 2014, yuan plumbs 2007 low

NEW YORK/LONDON : The dollar fell on Friday, consolidating gains racked up during the week on better-than-expected U.S. economic data, but the underlying strong trend remained amid stable consumer and labor markets, which have kept the chances of another interest rate increase this year.Despite Friday's f
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Norway Poised to Stick With Rate-Hike Timetable: Decision Guide

(Bloomberg) -- Norway’s central bank is poised this week to cement its plan for another interest-rate increase in June as part of a probable timetable of quarterly hikes lasting until 2024.  All economists in a Bloomberg survey expect the Norges Bank to keep its key deposit rate at 0.
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Norway Poised to Enact First Post-Crisis G-10 Interest-Rate Hike

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Norway’s central bank is poised to raise its interest rate this week in the first such post-pandemic tightening among nations with the world’s 10 most-traded currencies. Responding to a buoyant economic recovery, Norges Bank will lift its benchmark on Thursday by a quarter-point from zero, according to all but one of the 15 economists surveyed by Bloomberg. That places it in the va...
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