Powell signals no retreat, no surrender
Federal Reserve Chair Jerome Powell walks in Teton National Park where financial leaders from around the world gathered for the...
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European shares rise as fresh Chinese measures lift mood, tech stocks rally
The German share price index DAX graph is pictured as the German index celebrates its 35th birthday at the stock...
Dollar soft as investors digest ‘higher for longer’ path
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsSINGAPORE, Aug 28...
Asia shares edge higher, data-packed week ahead
A man walks past an electric monitor displaying Nikkei share average and the Japanese yen exchange rate against the U.S....
Dollar up as Chair Powell says Fed may need to raise interest rates further
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNEW YORK, Aug...
European stocks edge up, euro dips on ECB rate pause expectations
LONDON, Aug 25 (Reuters) - European shares edged higher and the euro fell to its lowest since mid-June on Friday...
Morning Bid: Dollar rockets as Powell trumps AI
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
What is a BRICS currency and is the U.S. dollar in trouble?
Delegates walk past the logos of the BRICS summit during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa on August 23, 2023. GIANLUIGI GUERCIA/Pool via REUTERS Acquire Licensing RightsJOHANNESBURG, Aug 23 (Reuters) - Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations.Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg.Officials and economists have pointed out the...
US charges two founders of sanctioned virtual currency mixer Tornado Cash with money laundering
Aug 23 (Reuters) - The United States on Wednesday indicted Roman Semenov and Roman Storm, two co-founders of the virtual currency mixer Tornado Cash, for their involvement with the banned outfit and related laundering of up to $1 billion in criminal proceeds.Storm, a naturalized U.S. citizen who lives in Washington state, was arrested on Wednesday, while Semenov - a Russian national - is yet to be taken into custody, the U.S. Attorney's Office in New York said in a statement.The criminal charges against both men, which include conspiracy to commit...
Investors expect ECB rate-hike pause in September after dismal PMIs
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
