Rather than a traditional offsetting relationship at this early point of the tightening cycle, the near - term interest rate outlook and the near - term profits outlook are both negative. (businessinsider.com)
The U.S. dollar surged into positive territory for 2018 and broke past key levels against several currencies as a divergence between growth and the interest rate outlook versus other countries spurred investors to chase the currency higher. (cnbc.com)
(Adds U.S. data, updates prices) NEW YORK, May 1 (Reuters)- The U.S. dollar surged into positive territory for 2018 on Tuesday and broke past key levels against several currencies as a divergence between growth and the interest rate outlook versus other countries spurred investors to chase the currency higher. (cnbc.com)