Currencies News

Dollar Near Eight-Week High on Job Market Optimism as Fed Meets

2:09 am ET

The dollar was near the highest in almost eight weeks against major peers amid prospects jobs numbers will add to indicators of stronger economic growth, prompting the Federal Reserve to further taper stimulus at a meeting that concludes today.

Pound Bulls Beat Retreat With Economic Gains Tapped: Currencies

The shine is starting to come off the U.K. pound, which has given up its reign as the most popular bullish bet for 2014 among the Group of 10 currencies.

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