fromLondon Business News | Londonlovesbusiness.com
1 month agoUS dollar near monthly high ahead of PCE and GDP data releases - London Business News | Londonlovesbusiness.com
The US dollar was relatively stable on Friday, trading close to a one-month high and positioning for a weekly gain that reverses the prior week's decline. The move has been reinforced by a broad rise in treasury yields during the last few days, reflecting stronger labour data and Federal Reserve minutes that highlighted a committee still debating the appropriate pace of policy adjustment.