Dollar bears bide their time as US economic strength persists
NEW YORK, June 5 (Reuters) - A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish...
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Hungary central-bank chief sees chance for euro adoption only after 2030
BUDAPEST, June 2 (Reuters) - Hungary should not consider adopting the euro before 2030 as joining the single currency zone...
Dollar sags as Fed bets ebb, debt bill passes; Aussie soars
TOKYO, June 2 (Reuters) - The U.S. dollar wallowed near a one-week low versus major peers on Friday, on course...
Dollar stumbles as signs point to Fed skipping June rate hike
June 1 (Reuters) - The dollar was on track for its worst daily loss in nearly a month on Thursday as U.S. manufacturing data and comments by Federal Reserve officials reinforced expectations the Federal Reserve will likely skip an interest rate hike at its upcoming meeting.The euro recovered from a two-month low on Thursday after European Central Bank (ECB) President Christine Lagarde said further policy tightening was necessary.The dollar index , which measures the currency against a basket of six peers, fell 0.547% at 103.580, off a two-month high of...
ECB still has ground to cover but policy is working: Lagarde
FRANKFURT, June 1 (Reuters) - Euro zone inflation remains too high, so further European Central Bank policy tightening is necessary,...
Sterling firmest vs euro since December on signs European inflation cooling
LONDON, May 31 (Reuters) - Sterling hit a 5-1/2 month high against the euro on Wednesday after data showing lower...
Euro zone lending takes another hit from higher rates
FRANKFURT, May 30 (Reuters) - Euro zone bank lending slowed again in April, supporting the case for careful interest rate...
ECB warns of hit to top European banks if funds run into trouble
FRANKFURT, May 30 (Reuters) - The euro zone's top banks may take a hit if their financial clients, such as...
Dollar eases as deal over US debt ceiling lifts risk appetite
SINGAPORE, May 30 (Reuters) - The U.S. dollar fell on Tuesday against a basket of major currencies but did not...
Dollar set for third week of gains as US debt talks loom large
WASHINGTON, May 26 (Reuters) - The dollar was set for a third straight weekly gain on Friday, as markets raised bets on higher-for-longer interest rates and amid closely watched last-ditch talks on the U.S. debt ceiling.Apparent progress in the talks between President Joe Biden and top congressional Republican Kevin McCarthy helped ease investor jitters, but doubts remained about when both sides would reach agreement.Biden and McCarthy are closing in on a deal that would raise the government's $31.4 trillion debt ceiling for two years while capping spending on most items,...