Dollar Stumbles As Global Sentiment Weakens
The dollar fell to two-week lows against the safe-haven yen and Swiss franc on Tuesday, as investors turned cautious.
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The dollar fell to two-week lows against the safe-haven yen and Swiss franc on Tuesday, as investors turned cautious.
Read MorePolitical worries over Greece, Italy and Britain had European currencies on the retreat against the dollar on Tuesday.
Read MoreBritain’s pound was the main mover among major currencies on Monday, recovering some ground after weekend polls showed Prime Minister Theresa May is set to win next week’s elections.
Read MoreThe dip in the U.S. economy is a “splutter” rather than a more serious downturn, the International Monetary Fund’s chief economist said, though policy uncertainty in Washington was making forecasting increasingly difficult. In an interview with Reuters, Maurice Obstfeld, who is nearing his two-year anniversary as the IMF’s top forecaster, said China’s economy was also …
Read MoreThe U.S. economy slowed less than initially thought in the first quarter, but there are signs it could struggle to rebound sharply in the second quarter amid slowing business investment and moderate consumer spending. Gross domestic product increased at a 1.2 percent annual rate instead of the 0.7 percent pace reported last month, the Commerce …
Read MoreThe Canadian, Australian and New Zealand dollars all fell solidly on Thursday, tracking a drop in oil prices.
Read MoreBorrowing costs across the euro area fell on Thursday on further signs that major central banks are wary of stepping back from ultra-loose monetary policies too quickly.
Read MoreThe dollar stayed pinned near 6-1/2-month lows on Wednesday, investors’ focus shifting from U.S. politics to monetary policy.
Read MoreOil prices settled at a two-week high on Wednesday after U.S crude inventories declined for the sixth straight week.
Read MoreThe yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the U.S. dollar.
Read MoreThe possession of anything begins in the mind.Bruce Lee