BankingEuropean Central Bank holds rates, hints at June cutMarch 7, 2024186The 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, 2024218The euro was 0.28% higher against the dollar at $1.08865, its highest since February 2."Fed Chairman Powell's opening statement to...
BankingUK neobank Monzo hits $5 billion valuation after $430 million raiseMarch 5, 2024257HongShan, the Chinese venture capital firm that split from Sequoia Capital last year, also backed the round, alongside existing backers...
CurrenciesDollar edges up versus euro ahead of ECB and U.S. dataMarch 5, 2024212The euro was 0.06% lower against the dollar at $1.08495. Most major currency pairs, however, traded in familiar ranges."The G10...
CurrenciesDollar dips as U.S. inflation reading meets expectationsFebruary 29, 2024195U.S. prices picked up in January, but the annual increase in inflation was the smallest in nearly three years, keeping...
CurrenciesDollar dips vs yen after Japan inflation data, U.S. durable goodsFebruary 27, 2024177The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic...
CurrenciesDollar firms past 150 yen as U.S., Japan rates outlook divergeFebruary 20, 2024100Ahead of the outcome, the offshore yuan edged marginally lower to 7.2143 per dollar.The greenback last bought 150.25 yen, having already...
CurrenciesUS dollar drifts higher after producer prices dataFebruary 16, 2024107Tuesday's report showed the PPI gained 0.3% in January, up from forecasts of a 0.1% rise. On a year-on-year basis,...
CurrenciesU.S. dollar slips, consolidates gains, but further upside likelyFebruary 14, 2024177In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background.Sopa Images...
CurrenciesDollar drifts higher as markets await U.S. inflation dataFebruary 12, 202475The dollar index, a measure of the U.S. currency against six of its peers, was slightly higher at 104.03 as...