Forex
By Laura Matthews
NEW YORK (Reuters) -The dollar weakened against major currencies on Thursday, as traders added to bets that the Federal Reserve will cut interest rates next month after New York Fed chief John Williams signaled such a move was possible.
The U.S. currency has been under renewed pressure from President Donald Trump's ramped-up campaign to exert more influence over monetary policy, and as he attempted to fire Lisa Cook, one of... (continue reading...)
By Laura Matthews
NEW YORK (Reuters) -The dollar fell against major currencies on Tuesday as President Donald Trump's unprecedented move to fire Federal Reserve Governor Lisa Cook renewed concerns over the central bank's independence.
The euro rose 0.22% against the dollar to $1.1647 while sterling was last up 0.2% at $1.3481. Against the Japanese yen, the dollar fell 0.27% to 147.36 yen, and it slipped 0.28% against the Swiss franc to... (continue reading...)
By Laura Matthews
NEW YORK (Reuters) -The dollar advanced against major currencies on Monday, bouncing from a steep fall last week that followed remarks from Federal Reserve Chair Jerome Powell that boosted expectations for a rate cut next month.
The dollar index, which measures the greenback against a basket of currencies, rose 0.49% to 98.32, and was on track for its biggest daily percentage gain since July 30, with the euro down 0.69% at... (continue reading...)
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