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Dollar at one-week highs on safety bid, euro struggles The dollar climbed to a one-week high against its rivals on Tuesday as doubts over the speed and size of U.S. stimulus discouraged risk-taking ahead of this week’s Federal Reserve policy meeting. Early London trading had a broadly cautious tone, with currencies including the Australian dollar and the euro under selling pressure. The single currency was further weighed down by early signals that the economy may not rebound as strongly this year as predicted. Germany’s Ifo business climate indicator undershot expectations on Monday and ...

The U.S. dollar edged lower across the board as traders showed a preference for riskier currencies on Tuesday, a day after worries over vaccine rollouts and the outlook for U.S. fiscal stimulus boosted demand for safe havens.

Stocks closed at records Wednesday on hopes that Joe Biden will deliver on his promise to roll out another dose of support for the struggling economy.

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Dec 19 2020, 1:59 AM December 18 2020, 4:30 AM December 19 2020, 1:59 AM (Bloomberg) -- Wall Street and Japan’s largest banks are starting to see eye to eye on the yen’s outlook, saying its advance could break the barrier of 100 per dollar next year. (Bloomberg) -- Wall Street and Japan’s largest banks are starting to see eye to eye on the yen’s outlook, saying its advance could break the barrier of 100 per dollar next year. JPMorgan Chase & Co., Goldman Sachs Group Inc and BNP Paribas SA are all forecasting that Japan’s currency will hit the century mark for the firs...