Currencies News

Dollar Resumes Climb as Yellen Signals 2015 Interest-Rate Rise

12:00 am ET

A gauge of the dollar rose for the eighth time in nine weeks after Federal Reserve Chair Janet Yellen signaled that the central bank is poised to increase interest rates next year starting as early as April.

U.K. Said to Make Arrest in Currency-Rigging Investigation

U.K. police made the first arrest in connection with global probes into allegations that traders at the world’s biggest banks colluded to manipulate currency rates today, according to a person with knowledge of the matter.

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