New Overnight Developments Abroad - Daily Update
Approaching Monthend Brings Heavier Flow of Economic Data
August 30, 2016
The dollar remains firm on the anticipation of a federal funds rate hike in September, contingent of course upon a decent U.S. monthly jobs report due this Friday. Fed Vice Chair Stanley Fisher elaborated further on previous hawkish remarks, noting that the labor market is nearing full employment conditions. The dollar is 0.4% stronger against […] More
