Currencies News

Dollar Heads for Weekly Gain as Traders Boost Bets on Rate Rise

2:41 am ET

The dollar headed for its biggest weekly advance against the euro in more than a month as a rally in stocks and accelerating growth fueled speculation the U.S. economy will be resilient to a slowdown in China.

Ruble Pain Threshold Seen Higher as Oil Slump Ravages Economy

2:03 am ET

The Bank of Russia is becoming more comfortable with a weaker ruble as sinking oil prices take their toll on the world’s largest energy exporter, economists said in a Bloomberg survey.

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