Economic Times |
Dollar gains as Treasury yields rise before Fed; yen drops
Reuters NEW YORK (Reuters) – The dollar rose against the yen and the euro, helped by a rise in U.S. Treasury yields, as investors adjusted positions ahead of a Federal Reserve decision on Wednesday on whether to start paring back monetary stimulus this month. Dollar Rises Ahead of Fed Statement Dollar Snaps Three-Day Loss Before Fed Decision; Pound Rises German data lifts shares as Fed decision approaches |