ECO

Stronger dollar set for weekly loss as traders adjust rate hike bets

Dollar index up, yen down vs dollar Fed speakers maintain case for tighter monetary policy UK GDP shrinks less than expected NEW YORK, Aug 12 (Reuters) – The dollar rallied on Friday but was set for a weekly drop as traders weighed improving US inflation data against comments from Federal Reserve officials who cautioned the …

Stronger dollar set for weekly loss as traders adjust rate hike bets Read More »