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Dollar Rises Amid Focus on Fed Rate-Cut Outlook

The dollar recovered some lost ground on Monday while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal Reserve rate cut expected later this September.

The onshore yuan was last 0.3 percent weaker at 7.111…

Japan’s GDP Grows 2.9% in Q2

Japan’s economy grew an annualized real 2.9 percent in the April-June quarter, revised down from an initially reported 3.1 percent, as private consumption and capital spending were not as high as previously thought, the Cabinet Office said Monday.

D…