Cools

Federal Reserve Chairman Jerome Powell was the center of attention in his testimony before the Senate Banking Committee, where he suggested that waiting too long to cut interest rates could risk harming the U.S. labor market. Although he…

Investing.com -- Most Asian currencies rose slightly on Tuesday as the recent rally in the dollar slowed, with the Japanese yen gaining some strength amid speculation about government intervention and interest rate hikes by the Bank of…

Written by Karen Brettell NEW YORK (Reuters) - The dollar rose on Thursday despite the US producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the end of its meeting on Wednesday. Data on Thursday…

Slavko Sereda/iStock via Getty Images Crude oil futures reversed course to close higher on Wednesday, as US government data showed a slight decline in inflation and a larger-than-expected decline in crude oil inventories. The Consumer…

Investing.com -- The dollar inched higher Wednesday and will remain the king of the currency playground until U.S. "economic exceptionalism" cools, paving the way for the Federal Reserve to lay out a clearer map for rate cuts.  rose 0.15%…

GBP/USD and FTSE 100 Analysis and ChartsUK unemployment rises to 3.9%.Data unlikely to move the dial on future interest rate cuts.FTSE 100now pressing against a zone of multi-month resistance.​Most Read: Markets Week Ahead - Gold Soars,…

(Bloomberg) — Nvidia Corp. posted its biggest one-day drop in nine months as traders took profits following a rally that saw the stock gain more than 19% in six consecutive trading days.Most Read from BloombergThe chipmaker’s shares fell…

© Reuters. Investing.com-- The Japanese yen rose to a one-month high on Thursday amid growing conviction that the Bank of Japan was close to raising interest rates, while the dollar curbed recent losses as Federal Reserve officials…

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Joice Alves LONDON (Reuters) -The dollar rose to a fresh three-month high against major…

US consumer prices rose more than expected in January, according to the latest data from the Bureau of Labor Statistics released Tuesday morning.Investors had been closely watching the print for clues on when the Federal Reserve will begin…