IBT Staff Reporter

2491-2520 (out of 154944)

Dollar Consolidates At 2-decade High; Euro At Parity

The U.S. dollar held at a two-decade high on Friday as a broad wave of risk aversion swept through global markets, with traders flirting with the prospect of a 100 basis point rate hike by the Federal Reserve later this month.

Stocks Stumble As China Slowdown Rattles Investors

Asian stocks fell to a two-year low on Friday and were heading for a weekly loss, while the dollar was set for its third week of gains after a fresh round of rate hikes globally deepened concern about the outlook for world economic growth.

Stocks Stumble, Dollar Steadfast As Growth Outlook Darkens

Asian stocks hit a two-year low on Friday and were heading for a weekly loss, while the dollar was set for its third week of gains as a fresh slew of rate hikes around the world deepened worry about the outlook for global economic growth.

Pages