U.S. Dollar Advances on Rate-Hike Concerns Tied to Inflation
The dollar edged higher Friday as crude oil surged for a second day, amid concerns about a potential U.S.-Iran war and expectations of a U.S. rate hike.
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The dollar edged higher Friday as crude oil surged for a second day, amid concerns about a potential U.S.-Iran war and expectations of a U.S. rate hike.
Oct 13 — Futures tied to Canada's main stock index rose on Tuesday as bond yields steadied and precious-metal prices edged higher, helping the domestic market shrug off a global selloff in semiconductor shares. December futures on the S&P/TSX index were up 1.1% at 5:59 a.m. ET (0959 GMT). Oil prices fell, on track for