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Dollar drops to lowest since 2021 against euro, sterling
The dollar hit a three-and-a-half-year low against the euro and sterling on Thursday in a broad selloff as traders priced in ...
US dollar hits fresh lows on report Trump considers naming next Fed chief early
The US currency dropped 0.4 per cent to 1.2728 per Singdollar as at 4.55pm, down 6.8 per cent for the year. Read more at ...
USA Today11d
Despite Trump's pressure, Fed likely to keep key rate unchanged again - USA TODAY
That leaves its key rate at 2%, more than 2 percentage points below the Fed’s 4.25% to 4.5% and among the largest gaps between the regions in recent memory.
Why the Fed and ECB are no longer on the same page
Central bank benchmark borrowing costs are now more than 2 percentage points lower in Europe than the US, a divide that has ...
European Shares Edge Higher as Ceasefire Holds, Fed Independence in Focus
(Reuters) -European shares edged higher on Thursday, aided by signs that the Israel-Iran ceasefire appeared to be holding, ...
Powell says Fed rate cut is on hold even as Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...