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EMEA Morning Briefing: More Modest Gains Likely for Stocks as Wall Street Hits New High

EMEA Morning Briefing: More Modest Gains Likely for Stocks as Wall Street Hits New High
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Pound-New Zealand Dollar Rate Could See 1 95 on Any RBNZ Lift-off

Pound-New Zealand Dollar Rate Could See 1 95 on Any RBNZ Lift-off
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Federal Reserve s taper talk lifts dollar ahead of inflation test

Federal Reserve s taper talk lifts dollar ahead of inflation test
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Fed taper talk lifts dollar ahead of inflation test

The dollar hovered near a four-month high against the euro and scaled a five-week peak on the Japanese yen on Wednesday, as traders awaited U.S. inflation data and wagered a high reading could pressure the Federal Reserve to wind back policy support.

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Dollar rises to year s highs ahead of inflation test

The dollar fell on Wednesday after U.S. inflation data showed consumer price increases eased in July, taking some pressure off the Federal Reserve to begin scaling back the monthly bond purchases that are part of its toolbox to support the economic recovery.

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