Dollar Falls to 2-Month Low on Fed’s Tightening Cycle Signal, Sterling Hits 15-Month High on Strong Wage Growth
Dollar Falls to 2-Month Low on Fed’s Tightening Cycle Signal, Sterling Hits 15-Month High on Strong Wage Growth The dollar weakened to a two-month low on Tuesday after Federal Reserve officials signaled that the central bank was nearing the end of its tightening cycle, while the pound hit a 15-month high after pay growth exceeded …