Currencies News

Dollar Weakens as Traders’ Bets on Rate Boost in 2015 Diminish

9:41 am ET

The dollar set a two-week low against a basket of major peers as traders pared bets that the Federal Reserve will raise U.S. interest rates this year amid signs the world’s biggest economy is cooling.

U.K. Bonds Decline as Equities’ Rally Damps Demand for Safety

11:10 am ET

U.K. 10-year government bonds declined for the first time in three days as European stocks rallied, damping demand for fixed-income assets.

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