The dollar jumped the most in over a month after the Swiss National Bank surprised investors by cutting interest rates, while traders boosted bets that the Bank of England will ease policy as well ...
“Yesterday’s Fed message was more dovish than investors expected,” analysts at Peak Trading Research say. Commodity markets are getting a boost from a softer dollar and better growth ...
At 05:55 ET (09:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% ...
NEW YORK, March 21 (Reuters) - A U.S. stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank stuck with its rate cut projections for ...
On Thursday, the dollar recovered from early losses and moved higher as hawkish comments from San Francisco Fed President Daly and Atlanta Fed President Bostic pushed back the chances of Fed rate ...
dollar fell against its major crosses after the Federal Reserve officials indicated that they were in no hurry to cut interest rates and expressed both optimism and caution on inflation. Fed ...
Stronger growth is only dollar-friendly if it encourages the Fed to ease by less than the ECB does, they said. The DXY dollar index was trading 0.1% higher at 102.894, remaining well below the ...
Despite weaker-than-expected U.S. economic growth in the first quarter, the US Dollar is making gains against ... especially with the elevated core PCE figure, the Fed is expected to raise rates ...
The dollar also pared some of last week's gains, making bullion cheaper for overseas buyers. Gold hit record peaks last week after the Fed reiterated its view of three rate cuts in 2024.
March 25 (Reuters) - Gold prices rose on Monday as renewed bets that the U.S. Federal Reserve would begin cutting interest rates in June and a softer dollar lifted bullion's appeal. Spot gold XAU ...