Currencies and Federal Reserve

Federal Reserve: The Dollar Index, which gauges the dollar against a basket of 16 currencies, was recently up 0.1% at 88.30. The index traded as low as 87.99 earlier in the day, according to Wall Street Journal and The dollar turned higher against other currencies Tuesday, as positive economic data boosted traders optimism ahead of a closely watched Federal Reserve meeting. U.S. consumers boosted their spending in August, giving the Federal Reserve one more... (news.financializer.com). As reported in the news.