CurrenciesU.S. dollar gains as strong economic data could reduce rate cuts this yearMarch 13, 2024106Preliminary 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, 2024107The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded...
BankingEurope’s economy has stalled. But an interest rate cut will likely have to wait for summerMarch 7, 2024142FRANKFURT, Germany (AP) — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled....
CurrenciesUS dollar slips as Fed’s Powell says he still expects rate cuts this yearMarch 6, 2024109The euro was 0.28% higher against the dollar at $1.08865, its highest since February 2."Fed Chairman Powell's opening statement to...
CurrenciesDollar edges up versus euro ahead of ECB and U.S. dataMarch 5, 2024122The euro was 0.06% lower against the dollar at $1.08495. Most major currency pairs, however, traded in familiar ranges."The G10...
BankingEuropean Central Bank posts first annual loss in decadesFebruary 22, 2024126Rain falls over the finance district and the European Central Bank (ECB) in Frankfurt, Germany.Thomas Lohnes | Getty Images News...
CurrenciesDollar drifts higher as markets await U.S. inflation dataFebruary 12, 202447The dollar index, a measure of the U.S. currency against six of its peers, was slightly higher at 104.03 as...
BankingFinancial markets are jonesing for interest rate cuts. Not so fast, says the European Central BankJanuary 25, 2024138FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde pushed back Thursday against market expectations for quick interest rate...
CurrenciesU.S. dollar little changed ahead of BOJ, ECB meetingsJanuary 22, 202459Japan's yen moved away from Friday's 148.80 per U.S. dollar, its weakest in a month, to as firm as 147.61,...
BankingCutting interest rates too soon in Europe risks progress against inflation, central bank chief saysJanuary 17, 202449FRANKFURT, Germany (AP) — Cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged...