LONDON (Reuters) – The euro fell back from a five-week high on Tuesday, as concerns about weak inflation and a slowdown in company borrowing raised questions about the momentum of the euro zone’s economic expansion. After a big gain on Monday, the euro had added another 0.3 percent to hit $1.2473 (EUR=) in early European […]

LONDON (Reuters) – Sterling rose to a seven-week high on Thursday as retail sales beat expectations and traders prepared for a Bank of England meeting at which the central bank is expected to flag a rate rise in May. The pound, helped by a dollar that weakened overnight following the U.S. Federal Reserve meeting, has […]

The dollar was lower against a currency basket on Wednesday as investors awaited the conclusion of the Federal Reserve’s meeting later in the day, when it was expected to announce its first rate hike of the year. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down […]

The dollar edged higher against a currency basket on Monday as markets awaited an upcoming Federal Reserve meeting where it is likely to hike interest rates and offer clues on the pace of monetary tightening for the remainder of this year. The U.S. dollar index, which measures the greenback’s strength against a basket of six […]

The U.S. dollar slipped lower against other major currencies on Friday, pulling away from a one-week high following news of potential personnel changes at the White House, sparking fresh concerns over U.S. political turmoil. The greenback weakened after the Washington Post reported on Thursday that U.S. President Donald Trump has decided to replace his national […]

The dollar pushed higher against the other major currencies on Wednesday, but gains were checked by tepid inflation data and concerns over political instability in the wake of the sudden firing of U.S. Secretary of State Rex Tillerson. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, edged […]

The dollar moved higher against a basket of the other major currencies on Tuesday as investors looked ahead to U.S. inflation data later in the day which could offer insights into the pace of rate hikes by the Federal Reserve this year. The U.S. dollar index, which measures the greenback’s strength against a basket of […]

The dollar slipped against a currency basket on Monday after the latest U.S. jobs report showed that while jobs growth remained strong, boosting risk appetite, wage growth slowed, tempering expectations for a faster pace of rate hikes this year. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, […]

The U.S. dollar was hovering at one-week highs against other major currencies on Friday, as investors awaited the release of key U.S. employment data later in the day and as concerns over Washington’s protectionnist policies eased. Market participants were looking ahead to the monthly U.S. nonfarm payrolls report due later Friday, for further indications on […]

The dollar stabilized against the other major currencies on Thursday as concerns over prospects for a global trade war eased, while the euro was little changed as markets awaited a European Central Bank meeting later in the day. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was […]