Currencies News

Dollar Pares Weekly Gain Before Fed on Ebola Spread; Real Climbs

The dollar pared its first weekly gain in three weeks against a basket of peers on concern the spread of the Ebola virus may weigh on the economy before the Federal Reserve’s policy meeting.

S&P Keeps Russia’s Credit Rating Above Junk on Foreign Reserves

Russia’s investment-grade credit rating was affirmed by Standard & Poor’s yesterday, easing concern that a downgrade to junk may deepen a selloff in the ruble and other assets.

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