By Saqib Iqbal Ahmed NEW YORK (Reuters) - The U.S. dollar rose to a more than seven-week high against the yen on Monday, supported by a rise in U.S. Treasury yields, as traders waited on an impending Federal Reserve meeting for clues on whether U.S. interest rates could rise again by year-end. The
Forecasters at HSBC have admitted to being “wrong” and have scrapped their prediction that the pound will hit parity against the euro later this year. In a note on Monday, strategists David Bloom in London and Daragh Maher in the US, said that the Bank of England’s “unexpected hunger to join other G10
The year may be nearing its last lap, but Nomura isn’t done with currency trades, setting six to run through the end of 2017.