US dollar heads for first monthly gain since October

US dollar heads for first monthly gain since October

The U.S. dollar is poised for its first monthly gain since October, despite a midday retreat from earlier highs. Hotter-than-expected producer price data initially boosted the greenback, but traders squared positions ahead of month-end and the weekend. Geopol…

The U.S. dollar was headed for its first monthly gain since October on Friday, although an earlier rally on hotter-than-expected producer price data for January faded as traders squared positions for… [+3269 chars]
US dollar heads for first monthly gain since October - FHMnews