While you were sleeping: Wall Street, greenback bounce

Thu, 10 Dec 2015

By Margreet Dietz Dec. 11 (BusinessDesk) - Wall Street and the US dollar gained as investors positioned themselves ahead of next week’s Federal Reserve meeting. The greenback drew support from Citigroup which called the US currency “attractive”. The Bloomberg Dollar Spot Index, which tracks the currency versus 10 counterparts, rose 0.3 percent to 1,224.24 as of 1.20pm in New York. Wall Street also moved higher, following three days of declines. In 1.25pm trading in New York, the Dow Jones Industrial Average advanced 0.7 percent. In 1....

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