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The U.S. dollar attempted on Monday to pull itself up from a four-week low on the euro after a dovish pivot from Federal Reserve Chair Jerome Powell sent it tumbling more than 1 per cent.The U.S ...
U.S. stocks surged after Jerome Powell's Jackson Hole remarks boosted hopes for a Fed rate cut with airlines, oil services and housing stocks leading the gains.
Conference highlighted the political pressures weighing on the Fed. Read more at straitstimes.com. Read more at ...
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more than nine ...
Analysts said the rally reflects expectations that lower US interest rates will make emerging markets, including India, more ...
By Francesco Canepa, Howard Schneider and Leika Kihara JACKSON HOLE, Wyoming (Reuters) -Global central bankers gathered at a ...
Looking at the 4-hour chart, the pair cleared a key declining channel with resistance at 1.1685. The pair even climbed 1.1700 ...
The Fed chair has left it for his successor to address key issues facing the world’s most influential central bank ...
Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way ...
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Monday after registering more than 1% gains in the ...
Barclays and BNP Paribas expect the U.S. Federal Reserve to make a 25-basis-point interest rate cut in September, according ...
Jerome Powell’s dovish leaning speech at the Jackson Hole, signalling a resumption of Fed rate cut cycle, should continue to support risk appetite, at least in the near term, Nomura said.