(Bloomberg) -- The dollar rose for a sixth straight
day against the euro after a government report showed U.S.
retail sales rose last month more than economists forecast.
Traders increased bets the Federal Reserve will hold
interest rates steady later this year. The U.S. currency
strengthened yesterday as former Federal Reserve Chairman Alan
Greenspan predicted a decline in U.S. bonds, pushing benchmark
10-year Treasury yields to the highest since 2002.
Read more at Bloomberg Currencies News
day against the euro after a government report showed U.S.
retail sales rose last month more than economists forecast.
Traders increased bets the Federal Reserve will hold
interest rates steady later this year. The U.S. currency
strengthened yesterday as former Federal Reserve Chairman Alan
Greenspan predicted a decline in U.S. bonds, pushing benchmark
10-year Treasury yields to the highest since 2002.
Read more at Bloomberg Currencies News
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