Oct 15, 2014

Ailing global economy could lead Fed to delay rate hike

Just as the U.S. job market has finally strengthened, the Federal Reserve now confronts a new worry: A sputtering global economy that’s spooked investors across the world. The economic slump could spill into the United States, potentially weakening job growth and keeping inflation well ...

Oct 9, 2014

Dovish Fed minutes reveal global slowdown worries

Federal Reserve officials stressed “patience” in waiting to raise interest rates, worrying about weaker foreign economic growth and the stronger dollar, minutes of their September policy meeting showed Wednesday. Participants at the Federal Open Market Committee meeting discussed their concerns about the stronger dollar ...

| Sep 29, 2014

Dollar moves above ¥109.50 in Tokyo

The dollar rose above ¥109.50 in Tokyo trading Monday thanks to higher stock prices in Japan and abroad but failed to extend gains as it came under pressure from profit-taking. At 5 p.m., the dollar was at ¥109.59-60, up from ¥108.96-97 at the same ...

Sep 22, 2014

Dollar takes breather, slips under ¥109

The dollar fell below ¥109 in pre-holiday Tokyo trading Monday, taking a breather after a recent bull run that took the U.S. currency to a six-year high near ¥109.50. At 5 p.m., the dollar was quoted at ¥108.89-90, down from ¥109.09-10 at the same ...

Sep 19, 2014

Dollar hits new six-year high above ¥109

The dollar jumped to a new six-year high above ¥109 in Tokyo trading on Friday as investors were relieved to learn that Scotland voted to remain in the United Kingdom. At 5 p.m., the dollar stood at ¥109.09-10, up from ¥108.54-55 at the same ...