Currency Trading News, Forex Trading News, Fx News NEW YORK The dollar dropped to seven-month lows on Friday after data showed the U.S. economy created fewer jobs than expected last month, which could derail a possible interest rate hike by the Federal Reserve in the second half of this year.
02 Jun 2017 LONDON British Prime Minister Theresa May calling a snap election seemed like the best news imaginable for all those wondering when they could call the bottom of the pound's Brexit-driven 20 percent fall. The dollar will rise only slightly over the coming year on waning expectations for sweeping tax cuts and several rate rises from the Federal Reserve, according to foreign exchange forecasters who say the risks are skewed more to the downside. 01 Jun 2017 BRASILIA Brazil's currency will weaken only slightly over the next year despite a deepening political crisis, a Reuters poll showed, a sign of sustained market confidence in the country as it finally emerges from its worst-ever recession.
01 Jun 2017