Day: September 14, 2014

Dollar Retains Strength Ahead of FOMC Week

The US dollar demonstrated somewhat mixed performance this week but retained its strength for the most part. Many market analysts consider this as a sign that traders are strongly convinced in inevitability of an interest rate hike from the Federal Reserve. While some analysts were not sure if the dollar would be able to maintain its rally, the currency continued to rise against most of its major peers. The notable […]