U.S. Dollar Up as Fed Signals December Rate Rise - News Summed Up

U.S. Dollar Up as Fed Signals December Rate Rise


The U.S. dollar jumped Thursday as the Federal Reserve suggested that it would likely raise rates at its next meeting. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.4% on Thursday to 90.31. It was on track to snap a three-day streak of declines. The dollar hit a year-plus high ahead of the U.S....


Source: Wall Street Journal November 08, 2018 16:54 UTC



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