Sterling edges higher as traders await steer from Bank of England
Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria,...
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Dollar muted as markets brace for data fest; yen under pressure
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSINGAPORE, Aug 29...
Powell signals no retreat, no surrender
Federal Reserve Chair Jerome Powell walks in Teton National Park where financial leaders from around the world gathered for the...
Oil inches up after China moves to support flagging economy
China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen Aizhu/File Photo Acquire Licensing RightsSINGAPORE, Aug 28 (Reuters) - Oil prices ticked higher on Monday after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand.Brent crude rose 19 cents, or 0.2%, to $84.67 a barrel by 0627 GMT, while U.S....
Dollar soft as investors digest ‘higher for longer’ path
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsSINGAPORE, Aug 28...
Asia shares edge higher, data-packed week ahead
A man walks past an electric monitor displaying Nikkei share average and the Japanese yen exchange rate against the U.S....
Fed’s Powell: higher rates may be needed, will move ‘carefully’
JACKSON HOLE, Wyoming, Aug 25 (Reuters) - The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy."We will proceed carefully as we decide whether to tighten further or, instead, to hold the policy rate constant and await further data," Powell said in a keynote address to the Jackson Hole...
Dollar up as Chair Powell says Fed may need to raise interest rates further
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNEW YORK, Aug...
European stocks edge up, euro dips on ECB rate pause expectations
LONDON, Aug 25 (Reuters) - European shares edged higher and the euro fell to its lowest since mid-June on Friday...
Morning Bid: Dollar rockets as Powell trumps AI
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
