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A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank ...
Central bank benchmark borrowing costs are now more than 2 percentage points lower in Europe than the US, a divide that has ...
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.
(Reuters) -European shares edged higher on Thursday, aided by signs that the Israel-Iran ceasefire appeared to be holding, ...
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...
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 ...
The dollar slipped to multi-year lows against the euro and Swiss franc on Thursday as concerns about the future independence ...