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Dollar Climbs to 120 Yen After U.S. Housing Sales Surge
©2015 Bloomberg News NN8FHK6JIJUP (Bloomberg) — The dollar climbed to 120 yen for the first time in a week after a jump in U.S. sales of previously owned homes backed speculation that the Federal Reserve will raise interest rates this year. The greenback held a three-day advance against the euro before
Pound Soars as Exit Poll Predicts Tory Win; Asian Bonds Rebound
©2015 Bloomberg News NO0ARK6KLVRG (Bloomberg) — The pound jumped as an exit poll indicated the U.K. Conservative Party will retain power after elections, quelling concern over the prospect of protracted coalition negotiations. Asian bonds tracked a recovery in Treasuries, while most stocks rose ahead of U.S. labor market data. Sterling
