News

No love for the dollar as markets fret about Fed independence
A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank ...
Only 14% odds of Powell leaving Fed Chair
Fed Chair Jerome Powell's odds of staying drop as Trump eyes an early Fed switch and the dollar hits a 3-year low.
Dollar Flirts With Lowest Levels Since 2023
The U.S. dollar dropped to its lowest level since early 2023 on Thursday, as it extended this week's declines. Easing ...
Dollar slips on Fed's credibility concerns as euro nears 4-year high
The dollar slipped to multi-year lows against the euro and Swiss franc on Thursday as concerns about the future independence ...
Dollar Falls on Report Trump to Name Fed Replacement Early
A report that President Donald Trump may announce a replacement for Federal Reserve Chair Jerome Powell by September or ...
Rupee hits two-week high as Fed credibility worries compound dollar's troubles
The Indian rupee strengthened to a fortnightly peak on Thursday, bolstered by broad weakness in the dollar on the back of ...
Dollar Faces Further Falls After Hitting 3-Year Low
The dollar hit a three-year low and faces further falls if President Donald Trump selects a replacement for Federal Reserve ...
U.S. Dollar Dips to Three-Year Low. Here’s What That Means For You
The dip could aid domestic businesses that export U.S. goods, but will make international travel and imports pricier for ...
Canadian dollar notches biggest gain in one month as greenback slides
The Canadian dollar strengthened to a nine-day high against its U.S. counterpart on Thursday as the greenback posted ...
Trump Sends Dollar Plunging With Plan to Turn Federal Reserve MAGA
Peeved at Federal Reserve Chair Jerome Powell’s refusal to slash interest rates, Trump has unleashed blistering attacks against the banker, calling him the “WORST” and a “dummy” who is “costing ...