US, Mexico to cooperate on investment security screening, payments systems
U.S. Treasury Secretary Janet Yellen gives a statement to the press during her visit in Mexico City, Mexico December 6,...
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China and EU leaders agree on need of ‘balanced’ trade ties
EU leaders visit China for summit with BeijingEU calls for more balanced trade ties with ChinaChina urges EU not to...
Dollar finds footing; Aussie slides after RBA holds rates
Australian dollar and U.S. dollar denominations are shown in a photo illustration at a currency exchange in Sydney, Australia, June...
Central bank blunders undermine tough rate talk
LONDON, Dec 5 (Reuters Breakingviews) - Words are fighting it out with numbers in financial markets at present. Comments by...
Dollar regains ground after sell off; bitcoin breaches $42,000
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing RightsWASHINGTON, Dec 4 (Reuters) - The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the U.S. Federal Reserve will soon be cutting interest rates, while bitcoin breached $42,000 for the first time since early 2022.The dollar index, which tracks the currency against six major peers, rose by 0.54% to 103.67, while the euro was last down 0.49% to $1.0828"We're kind of...
GLOBAL ECONOMY Global factory activity stays weak, uncertainty on China clouds outlook
An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17,...
FOREX US dollar falls as Fed’s rate-hike cycle seen as likely done
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing...
Take Five: That most wonderful time of the year
Macy's Santa Claus appears on the trading floor to celebrate the 97th Macy's Thanksgiving Day Parade at the New York...
Rupee to open higher on robust India GDP, cooling US inflation
A currency trader is pictured through the symbol for the Indian Rupee on the floor of a trading firm in...
Yellen says US economy does not need drastic tightening, ‘soft landing’ on track
U.S. Treasury Secretary Janet Yellen attends a press conference in San Francisco, California, U.S., November 10, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBESSEMER CITY, North Carolina, Nov 30 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy does not need further drastic monetary policy tightening to stamp out inflationary expectations and was on track to achieve a "soft landing" with strong employment.Yellen told reporters after a speech at a lithium processing plant in North Carolina that in the past, the Federal Reserve sometimes had...