While you were sleeping: US dollar loses lustre

Thu, 04 Feb 2016

By Margreet Dietz Feb. 5 (BusinessDesk) - Wall Street was mixed, as oil prices fluctuated, and the US dollar weakened as investors increasingly bet the Federal Reserve may hold off on raising interest rates. Expectations about Fed rate increases have been downgraded in recent weeks, following the central bank’s first hike in nearly a decade in December 2015. And fed officials added fresh fuel to that fire. "One thing I think we can say with more confidence is that financial conditions are considerably tighter than they were at the ti...

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