Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Markets & Finance

Dollar Strengthens


MARKETSCOPE : The dollar strengthened early Wednesday, as investors continued making bets on interest rates.

The dollar index was up 0.29 to the 92.38 level. The euro was off at $1.1695. News hit earlier that Eurozone October inflation rose 0.3% for a 2.5% year on year on year reading, above the European Central Bank's 2% upper limit for price stability.

The sterling was off at $1.7276, after the Bank of England trimmed forecasts for economic growth and inflation over the next two years, a sign that interest rates may stay on hold. Also, U.K. jobless claims rose more than the expected 12,100 in October.

The dollar was up at 119.39 yen.


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus