BankingECB holds interest rates, gives strong signal that cuts are on the wayApril 11, 202412Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday,...
CurrenciesU.S. dollar modestly higher as sticky inflation persists, yen hits 34-year lowApril 11, 202440Thursday's data showed the producer price index (PPI) rose 0.2% month-on-month in March, compared with an 0.3% increase expected by...
FundsAmerican Eagle Outfitters, Ally Financial, Molson Coors Beverage and moreApril 9, 202425Check out the companies making headlines before the bell: American Eagle Outfitters — Shares popped 4% following an upgrade by...
CurrenciesU.S. dollar struggles for direction ahead of data despite rise in yieldsApril 9, 202420Traders in Fed fund futures bet on a total of 62 basis points (bps) of Federal Reserve rate cuts late...
CryptocurrencyCrypto firm Ripple to launch U.S. dollar stablecoinApril 4, 202457In 2020, the U.S. SEC accused Ripple and its co-founders of breaching securities laws by selling its native cryptocurrency XRP...
CryptocurrencyBitcoin tumbles $5,000 in 24 hours as interest rates jumpApril 2, 202487A bitcoin is on a screen showing the bitcoin-U.S. dollar exchange rate.Fernando Gutierrez-Juarez | picture alliance | Getty ImagesBitcoin fell for...
CurrenciesU.S. dollar gains as strong economic data could reduce rate cuts this yearMarch 13, 202448Preliminary results of Japan's spring wage negotiations are due on Friday, with several of the country's biggest companies having already...
CurrenciesDollar set for sharpest weekly drop since mid-December ahead of U.S. payrollsMarch 8, 202434The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded...
BankingEuropean Central Bank holds rates, hints at June cutMarch 7, 202438The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest...
CurrenciesUS dollar slips as Fed’s Powell says he still expects rate cuts this yearMarch 6, 202459The euro was 0.28% higher against the dollar at $1.08865, its highest since February 2."Fed Chairman Powell's opening statement to...