Yellen takes to
Current projections say the Fed won't raise rates until well into 2015, but a recent string of encouraging news on US jobs and signs of inflation could pressure the central bank to act sooner.
Markets were generally upbeat Monday as
The dollar was stuck at
Eurozone industrial production declined in May for the second time this year, according to estimates published by Eurostat.
Output fell 1.1% from the previous month, reversing a 0.7% rise in April. Economists expected output to decline 1.2%.
The buck continued to improve a bit versus the sterling, rising to
Meanwhile, gradual gains took the dollar to
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