| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
News
Dollar gains on euro ahead of Fed officials' comments
The dollar was slightly higher against the euro on Tuesday, ahead of speeches from Federal Reserve who may shed light on the chances for further cuts in interest rates or a pause.
The dollar traded at $1.5520 per euro at 11:26 a.m. in Tokyo from $1.5553 in New York late yesterday. The U.S. currency was at 103.79 yen from 103.75. The euro traded at 161.11 yen
Federal Reserve bank presidents Thomas Hoenig, Richard Fisher and Janet Yellen are scheduled to comment on the economy later day.
Investors will also be watching for retail sales as the U.S. Labor department releases its latest report.
In the U.S. session on Monday, the dollar rose versus the yen as investor placed bets on stocks as oil prices dipped and one of the leading major banks, HSBC report better than expected results.
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