Dollar higher after Obama,GOP make a tax deal

Dollar gains vs euro,yen after Obama,GOP make a tax deal that could boost US economy

The dollar kept gaining against yen and edged higher versus the euro Wednesday in the aftermath of a tax package that,if passed,could boost the U.S. economy.

Republican leaders and the White House made a deal extending . . . →Read More:Dollar higher after Obama,GOP make a tax deal

Treasury Bonds Advance as Beige Book Fails to Quell Speculation on Easing

Treasury 30-year bonds rose as a Federal Reserve regional survey showing a “modest pace” in the economic recovery failed to quell speculation that policy makers will increase asset purchases to spur inflation and employment.

Yields on the longest-maturity U.S. securities touched the lowest level since Oct. 14,reversing an earlier rise,as the dollar slid . . . →Read More:Treasury Bonds Advance as Beige Book Fails to Quell Speculation on Easing

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