(CEP News) - The US dollar was in bullish territory on Tuesday after speeches by Treasury Secretary Henry Paulson and Philadelphia Fed President Charles

(RTTNews) - The dollar surged higher versus other major currencies Tuesday morning in New York as traders reacted to tough talk on inflation from Fed

President of the Philadelphia Federal Reserve Charles Plosser says inflation needs to tackled, even if the financial downturn hasn't been resolved.

The rand was on the front foot against major currencies in late trade on Tuesday amid improved global risk appetite and a weaker dollar.