US dollar rises amid Fed official's remarks

New York: The US dollar increased against most major currencies amid a Fed official’ s hawkish comments. Boston Fed President Eric Rosengren said in a statement on Friday that the US short-term interest rates should be raised now, Xinhua news agency reported. “I am arguing for modest, gradual tightening now, out of concern that not […]

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New York: The US dollar increased against most major currencies amid a Fed official' s hawkish comments.

Boston Fed President Eric Rosengren said in a statement on Friday that the US short-term interest rates should be raised now, Xinhua news agency reported.