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By Chibuike Oguh NEW YORK, Oct 2 (Reuters) - The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European
By Ankur BanerjeeThe US dollar headed for its third straight week of gains on Friday, as a bond market rout in the face of inflationary fears over higher oil prices and concerns over French fiscal health kept the euro rooted near its lowest in 17 months.Investors were reeling from a steep global bo…
US dollar seems to be having a good week, climbing to a 17-month high on Friday towards its third straight week of gains. The momentum comes as a global bond rout pushed borrowing costs higher and left the euro facing fresh losses.