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 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.
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 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,
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.
Pound Sterling slides as Fed Powell pushes back large rate cut bets
The Pound Sterling falls after facing offers near the key resistance of 1.3400 against the US Dollar in European trading hours. The near-term outlook of the GBP/USD pair remains firm as the 20-day Exponential Moving Average (EMA) near 1.3250 is sloping higher.
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 ...
Dollar Trades Steady Ahead of Fed Chair Powell's Speech
The dollar was trading steady as investors look ahead to a speech from Federal Reserve Chair Jerome Powell later for clues on the central bank's next steps after it delivered a 50 basis points ...
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 ...