Dollar gains
Dollar gains as Powell pushes back on jumbo rate-cut bets
The dollar rose broadly on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more supersized interest rate cuts. The yen steadied close to the middle of its range against the dollar over the past month,
Dollar Gains Ground as Powell Signals Caution on Rate Cuts, Yen Steadies Amid Political Shift
The U.S. dollar strengthened broadly on Tuesday as Federal Reserve Chair Jerome Powell tempered expectations of aggressive interest rate cuts, pushing back against the speculation that has gripped financial markets in recent weeks.
Dollar Could Rise Further After Powell Signals Gradual Easing
The dollar was higher and could rise further after Powell signaled interest rates might be cut in smaller increments after last month’s 50 basis-point cut, ING said.
Dollar firm after Powell pushes back on aggressive easing bets
The U.S. dollar rallied broadly on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more supersized interest rate cuts.The yen steadied close to the middle of its range against the dollar over the past month,
US Dollar rolls through markets in search of a fresh 7-day high
The US Dollar (USD) trades broadly positive on Tuesday ahead of the Manufacturing Purchasing Managers Index (PMI) numbers from the Institute for Supply Management (ISM). The positive turnaround for the Greenback took place after traders priced in less interest rate cuts from the Federal Reserve (Fed) on the back of Chairman Jerome Powell comments.
Dollar stabilizes ahead of Powell speech, payrolls data
The U.S. dollar retreated last week after the Federal Reserve’s favorite inflation reading signaled price pressures continue to ebb, shortly after the U.S. central bank started its rate-cutting cycle.
Dollar Stays Higher After Powell Signals Gradual Easing
The dollar continued to rise after Powell indicated that further interest-rate cuts would be gradual, remarks MUFG said place even more focus on Friday’s nonfarm payrolls report.
Dollar sturdy after Powell pushes back on aggressive easing bets
The U.S. dollar firmed against its major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more supersized interest rate cuts. The yen steadied close to the middle of its range against the dollar over the past month,
Powell's Lack Of Urgency Helps The Dollar Move Higher
Fed Chair Powell showed little sense of urgency and seemed to endorse the recent dot plot that implied two quarter-point rate ...
Dollar gains as Fed's Powell adopts hawkish tone on economy
The dollar rose on Monday after Federal Reserve Chair Jerome Powell adopted a more hawkish tone on the economy, leading ...
Japanese Yen slips as Powell signals small cuts
The yen declined sharply on Monday as Federal Reserve Chair Powell signaled that he was not planning further oversized rate ...
Dems launch ‘multimillion dollar’ TV ad buy in attempt to oust red state senators
The Democratic Senatorial Campaign Committee announced it launched a “multimillion dollar” television ad buy targeting two US ...
Asian stocks ease, dollar firms as traders ponder US rates
Asian stocks eased near two-and-half-year highs on Tuesday and the U.S. dollar firmed following hawkish comments from Federal ...
Oil News: Crude Prices Plummet on U.S. Dollar Surge and OPEC Production Boost
U.S. Dollar surge and OPEC+ production increase weigh on oil prices. Charts predict crude may test $64.04 as demand concerns ...
Pound Sterling struggles to extend upside above 1.3400 ahead of Fed Powell's speech
A slight acceleration in the US core PCE inflation suggests that the Fed’s battle against inflation is not over yet.
Sterling eases against strong dollar as UK factory activity dips
Sterling dipped against a firming dollar on Tuesday as survey data confirmed a slowdown in factory activity in September, but ...