The greenback rallied on Friday after inflation data came in as expected and increased expectations that the Federal Reserve will […]
Tag: Jerome Powell
Top 5 Things to Know in the Market on Friday
Here are the top five things you need to know in financial markets on Friday, Jan. 11: 1. U.S. inflation […]
U.S. Dollar Slumps on Dovish Fed Comments
The greenback slumped on Wednesday after dovish comments from Federal Reserve officials increased expectations that the central bank will pause […]
Dollar Struggles as Powell Says He is Prepared to Change Policy ‘Quickly’
The U.S. dollar struggled for direction on Friday as Federal Reserve Chairman Jerome Powell said he would change the balance […]
EUR/JPY recedes from tops, rangebound above 123.00
The up move in the cross stalled around 123.60. Yen demand keeps bullish attempts contained. EMU advanced CPI came in […]
Dollar struggles on Fed pause talk ahead of jobs data
The dollar struggled to recover in Asian trade on Friday, hobbled by fresh speculation that a widely expected rate hike […]
Wells Fargo reform plans fail to satisfy Fed after scandals: sources
The Federal Reserve has rejected Wells Fargo & Co’s plans to prevent further consumer abuses and told the scandal-plagued lender […]
Dollar pressured by falling U.S. yields; recession fears
The dollar edged up on Wednesday but remained under pressure as an inversion in part of the Treasury yield curve […]
