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Dollar climbs as traders mull Powell's future, yen dips ahead of Japan election Jul 16, 2025 08:56PM

By Rocky Swift and Lucy Raitano

TOKYO/LONDON (Reuters) -The dollar was broadly stronger against major peers on Thursday as investors assessed U.S. President Donald Trump's latest comments on Fed Chair Jerome Powell's future, while concerns over a pivotal election in Japan weighed on the yen. 

The dollar firmed 0.55% against the euro, bringing the currency pair largely back to where it had been before a drop in the dollar late on Wednesday due... (continue reading...)


EU Proposes Draft Budget Close To €2 Trillion For 2028-2034 - Bloomberg Jul 16, 2025 08:35AM

EU Proposes Draft Budget Close To €2 Trillion For 2028-2034 - Bloomberg


Dollar drops in choppy trading as Trump denies plans to fire Fed's Powell Jul 15, 2025 08:59PM

By Karen Brettell

NEW YORK (Reuters) -The U.S. dollar fell but rose off its lows on Wednesday after U.S. President Donald Trump denied news reports that he is planning to fire Federal Reserve Chair Jerome Powell.

Bloomberg reported that the president is likely to fire Powell soon. A source also told Reuters that Trump is open to the idea of firing Powell and polled some Republican lawmakers on firing Powell and received a positive response.

... (continue reading...)
Dollar hits 15-week high against yen as consumer prices gain Jul 14, 2025 08:01PM

By Karen Brettell

NEW YORK (Reuters) -The dollar reached a 15-week high against the Japanese yen on Tuesday as U.S. consumer prices increased by the most in five months in June, while traders also pared expectations on how many times the Federal Reserve is likely to cut interest rates this year.

U.S. President Donald Trump’s tariff policies are seen as increasing price pressures and keeping the Fed on hold as policymakers wait to see their... (continue reading...)


Traders largely shrug off tariffs before US consumer price data Jul 13, 2025 08:03PM

By Karen Brettell

NEW YORK (Reuters) -The euro dipped on Monday and the dollar gained against a basket of currencies, as traders largely shrugged off new tariffs ahead of key U.S. inflation data on Tuesday.

U.S. President Donald Trump threatened on Saturday to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major trading partners failed to reach a comprehensive trade... (continue reading...)


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