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SINGAPORE : The dollar slipped on Tuesday after a sharp rise overnight as strong U.S. economic data reinforced expectations that the Federal Reserve will hike interest rates in May, while China's economic recovery gathered pace in the first quarter.The dollar index, which measures the currency against six
NEW YORK : The dollar strengthened on Friday after data showed an increase in jobs in the world's largest economy last month, suggesting that the Federal Reserve may have to raise interest rates next month.Prior to the jobs report, the rate futures market had been betting that the Fed would pause at the M
NEW YORK : The dollar stumbled on Monday, surrendering earlier gains following unexpected oil output cuts from OPEC+, as data showed the U.S. economy continued to slow with declines in manufacturing and construction spending.Data on Monday added to the narrative that the Federal Reserve is near the end of
SINGAPORE/LONDON : The dollar was steady on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system. The dollar index, which measures the currency against six rivals, rose 0.06 per cent at 103.0
By Tom Westbrook SINGAPORE (Reuters) - The dollar scaled multi-month highs against most other major currencies on Wednesday after Federal Reserve Chair