Day: May 21, 2016

US Dollar Ends Week Strong with Help from Fed Minutes

The US dollar ended the week strong against the majority of other most-traded currencies thanks to the minutes of the Federal Reserve policy meeting. The only currencies that have shown resilience against the greenback were the Great Britain pound and the New Zealand dollar. The US dollar had been strong even before the past week amid monetary tightening speculations, but chances for an actual interest rate hike in the near future looked fairly low. […]