U.S. dollar gains as strong economic data could reduce rate cuts this year
Preliminary results of Japan's spring wage negotiations are due on Friday, with several of the country's biggest companies having already...
archiveFederal Reserve System
Dollar set for sharpest weekly drop since mid-December ahead of U.S. payrolls
The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded...
Europe’s economy has stalled. But an interest rate cut will likely have to wait for summer
FRANKFURT, Germany (AP) — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled....
US dollar slips as Fed’s Powell says he still expects rate cuts this year
The euro was 0.28% higher against the dollar at $1.08865, its highest since February 2."Fed Chairman Powell's opening statement to...
Dollar edges up versus euro ahead of ECB and U.S. data
The euro was 0.06% lower against the dollar at $1.08495. Most major currency pairs, however, traded in familiar ranges."The G10...
Dollar dips as U.S. inflation reading meets expectations
U.S. prices picked up in January, but the annual increase in inflation was the smallest in nearly three years, keeping...
Dollar dips vs yen after Japan inflation data, U.S. durable goods
The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic...
Dollar firms past 150 yen as U.S., Japan rates outlook diverge
Ahead of the outcome, the offshore yuan edged marginally lower to 7.2143 per dollar.The greenback last bought 150.25 yen, having already...
US dollar drifts higher after producer prices data
Tuesday's report showed the PPI gained 0.3% in January, up from forecasts of a 0.1% rise. On a year-on-year basis,...
US regulator eases restrictions on Wells Fargo
NEW YORK (AP) — The Biden administration eased some of the restrictions on banking giant Wells Fargo, saying the bank...
