News

Dollar surges as Trump backs down from threat to fire Fed's Powell
The U.S. dollar jumped broadly against major currencies on Wednesday as investors heaved a sigh of relief after President ...
Dollar Stays Weaker on Fed Independence Concerns
The dollar remained under pressure after hitting a three-year low Monday following renewed calls from President Trump for ...
Trump says he has 'no intention of firing' Federal Reserve Chairman Jerome Powell
President Donald Trump had criticized Fed Chairman Jerome Powell as 'a major loser,' but he has 'no intention of firing him.' ...
Rupee to dip as dollar rally stoked by Trump's Fed comments, US-China optimism
The rupee is likely to open weaker on Wednesday, pressured by the dollar index rallying after U.S. President Trump walked ...
Dollar Hits Fresh Lows on Worries Over Fed Independence
The dollar renewed its slide against foreign currencies early Monday after markets digested threats by President Trump last ...
Wall Street rallies and recovers Monday’s losses as the dollar and US bond market steady
NEW YORK — U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply ...
Asian shares jump on hopes tariff war may subside and Trump won't fire Federal Reserve chief
Asian shares are mostly higher, with markets showing relief after President Donald Trump indicated he won't dismiss the head ...
How Trump’s Fed Fight May Undermine His Trade Negotiations
A flight from U.S. assets, including the dollar, could worsen if the president continues his attacks on the Federal Reserve, ...
Dollar nosedives amid mounting fears over Fed’s independence -Currency Recap
The U.S. Dollar dropped sharply on Monday after the Trump administration’s latest remarks threatened a potential shake-up of ...