CurrenciesU.S. dollar dips as Fed’s Powell’s dovish comments offset upbeat jobs dataJuly 2, 202464The dollar was supported by rising U.S. yields and the blowtorch was on low-yielding currencies on Tuesday such as China's...
BankingNigel Farage eyes debanking revenge with plan to hit bank profits – POLITICOJune 10, 2024101Without the governor's cooperation, any prospective government would need to change the Bank's formal remit to enact the policy. Reform's...
CurrenciesCurrencies tread cautiously after U.S. inflation report, focus on ECBJune 3, 202489Markets are pricing in 37 basis points of cuts this year from the Fed after data on Friday showed the...
CurrenciesDollar rebounds after falling on weaker U.S. inflation, yen ticks upMay 16, 2024112The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail...
CurrenciesDollar steady after soft U.S. jobs report; yen starts week on back footMay 6, 202451On Monday, the yen weakened 0.43% to 153.62 per dollar in early trading, having touched a three-week high of 151.86...
CurrenciesYen retreats after U.S. data as eyes turn from Tokyo to FedApril 30, 2024130The dollar index gained ground after economic data showed U.S. labor costs increased more than expected in the first quarter...
CurrenciesDollar firm as U.S. rates and earnings take center stageApril 22, 202475"There will be a focus on the BOJ meeting, but it is too soon for them to alter policy, and...
CurrenciesU.S. dollar modestly higher as sticky inflation persists, yen hits 34-year lowApril 11, 202467Thursday's data showed the producer price index (PPI) rose 0.2% month-on-month in March, compared with an 0.3% increase expected by...
CurrenciesU.S. dollar struggles for direction ahead of data despite rise in yieldsApril 9, 202448Traders in Fed fund futures bet on a total of 62 basis points (bps) of Federal Reserve rate cuts late...
FundsWhat are money market funds?March 29, 202475Frequently asked questions Why can yields on money market mutual funds be very low during some periods? Money market mutual...