Currencies News

Dollar Climbs as CPI Gain Highlights Economic Gap; Euro Drops

5:26 pm ET

The dollar climbed to a one-week high against its major peers as an unexpected rise in the U.S. cost of living in September underscored the strength of the world’s largest economy amid a slowdown in global growth.

Weak Yen’s Tap on Worker Wallets Fuels Debate: Chart of the Day

5:00 pm ET

A 26 percent depreciation of the yen versus the dollar in the past two years has boosted Japanese companies’ profits while hurting workers’ purchasing power, intensifying debate among officials on policies to increase inflation.

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