News and Events: The dollar rose last week against a basket of major currencies boosted by a growing view that the Federal Reserve may stop cutting interest rates. US economic data last week showed resilience in some sectors, such as the labor market, contrasted with a sharp drop in business sentiment in Germany. That news, combined with ECB policy-makers' comments highlighting worries about excess volatility in Foreign Exchange trading, lowered expectations for a rate hike in the euro zone Read More...

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