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 slips on Fed's credibility concerns as euro nears 4-year high
The dollar slipped to multi-year lows against the euro and Swiss franc on Thursday as concerns about the future independence ...
Dollar Falls on Report Trump to Name Fed Replacement Early
A report that President Donald Trump may announce a replacement for Federal Reserve Chair Jerome Powell by September or ...
Only 14% odds of Powell leaving Fed Chair
Fed Chair Jerome Powell's odds of staying drop as Trump eyes an early Fed switch and the dollar hits a 3-year low.
U.S. Dollar Dips to Three-Year Low. Here’s What That Means For You
The dip could aid domestic businesses that export U.S. goods, but will make international travel and imports pricier for ...
Dollar slips on Fed credibility concerns, euro tops $1.1700
The dollar slipped to multi-year lows against the euro and Swiss franc on Thursday as concerns about the future independence ...
US dollar plunges to multi-year low
Consequently, the US dollar plunged to multi-year lows against the euro and sterling. Market data now shows a 23% probability ...
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 ...
Rupee hits two-week high as Fed credibility worries compound dollar's troubles
The Indian rupee strengthened to a fortnightly peak on Thursday, bolstered by broad weakness in the dollar on the back of ...
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 ...