Business

Dollar gets fresh legs from U.S. data, hawkish talk

The U.S. dollar held above 4-1/2 year highs versus the yen and was set to make fresh gains towards the $1.12 levels against the euro on Wednesday after robust U.S. data and hawkish comments from Fed policymakers boosted expectations of a rate hike as early as mid-2022.

Column: Funds pause record selling of 10-year Treasuries

Hedge funds paused their relentless selling of 10-year Treasuries futures ahead of last week’s U.S. consumer price data, but the spike in annual inflation to its highest in more than three decades suggests the hiatus could be a short one.

Bitcoin falls more than 4% to near $60,000

Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.

Dollar gets fresh legs from U.S. data, hawkish talk

The U.S. dollar held above 4-1/2 year highs versus the yen and was set to make fresh gains towards the $1.12 levels against the euro on Wednesday after robust U.S. data and hawkish comments from Fed policymakers boosted expectations of a rate hike as early as mid-2022.

Column: Funds pause record selling of 10-year Treasuries

Hedge funds paused their relentless selling of 10-year Treasuries futures ahead of last week’s U.S. consumer price data, but the spike in annual inflation to its highest in more than three decades suggests the hiatus could be a short one.

Bitcoin falls more than 4% to near $60,000

Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.

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