(Bloomberg) -- The dollar rose against the euro and advanced to a two-month high versus the yen after a private report showed U.S. services industries advanced last month at a faster pace than economists forecast.
The services report, following data over the past two days showing strength in manufacturing, may reduce the likelihood of a cut in borrowing costs by the Federal Reserve.
Read more at Bloomberg Currencies News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment