News

No love for the dollar as markets fret about Fed independence
A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank ...
Dollar Stabilizes After Yesterday's Shellacking But Finds Little Traction
The US dollar has steadied today after yesterday's shellacking that saw it fall to new multiyear lows against the euro and ...
Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history
President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very soon.” The problem is that Powell still has 11 months left until the end of ...
Shares Rally but Dollar Weakens With Fed Independence Seen Under Threat
Adding to the Fed cut bets has been a raft of weaker-than-expected U.S. economic data, with attention now shifting to ...
Dollar Faces Further Falls After Hitting 3-Year Low
The dollar hit a three-year low and faces further falls if President Donald Trump selects a replacement for Federal Reserve ...
Dollar Flirts With Lowest Levels Since 2023
The U.S. dollar dropped to its lowest level since early 2023 on Thursday, as it extended this week's declines. Easing ...
Dollar question hovers over top central bankers meeting in Sintra
A million-dollar question will hang over the world's top central bankers when they meet in Sintra, Portugal, next week: Is ...
Dollar fluctuates after US strikes on Iran, dovish Fed comments
The dollar fluctuated after U.S. strikes on Iran's nuclear facilities, with Fed Governor Bowman indicating possible rate cuts ...