ratehike

Breadcrumbs Path LinksPMN BusinessThe debate over whether the Reserve Bank of Australia needs to tighten monetary policy late in the cycle is likely to be resolved with the release of quarterly inflation data this week - and the currency is…

© Reuters. FILE PHOTO: The British pound and the US dollar are seen in this illustration on June 22, 2017. Photograph: Thomas White/Reuters Written by Karen Britel NEW YORK (Reuters) - The dollar rose against a basket of currencies…

breadcrumb links PMN Business Australia's industrial relations ruling raised the national minimum wage by 5.75% in a bid to support lower-paid workers, a decision that boosted chances of a rate hike as soon as next week.…

© Reuters Investing.com - The dollar fell on Tuesday, but could rally in the near term as investors' focus is likely to shift from the debt ceiling to the jobs report later this week, which could boost the prospect of a future…