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Dollar trades near two-month high; Fed rate hike expectations rise

Investing.com – The U.S. dollar climbed higher in early European trading Tuesday, remaining close to a two-month peak, as traders digested the potential for more Federal Reserve interest rate hikes as well as the passage of the U.S. debt ceiling deal through a divided Congress. At 03:05 ET (07:05 GMT), the dollar index , which … Read more

Dollar set for another positive week on raised Fed hike expectations

Investing.com – The U.S. dollar edged lower in early European trading Friday but was on course for its third consecutive weekly gain as U.S. rate hike expectations grow. At 03:15 ET (07:15 GMT), the Dollar Index , which tracks the greenback against a basket of six other currencies, fell 0.1% to 104.040, just below Thursday’s … Read more

Dollar edges higher; Fed rate hike in June still possible

Investing.com – The U.S. dollar gained in early European trade Tuesday, with risk sentiment on the slide as the debt ceiling impasse continued and following hawkish comments from Fed officials. At 02:55 ET (06:55 GMT), the dollar index , which tracks the greenback against a basket of six other currencies, edged higher to 103.140, not … Read more

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