Why is the euro falling and could it hit $1?
LONDON (Reuters) -The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s…
Dollar climbs to one-year peak; Powell’s speech in focus
Investing.com – The U.S. dollar pushed further higher Thursday, climbing to a one-year peak after consumer inflation data raised doubts…
Sterling squashed by dollar steamroller, traders watch out for Reeves’ speech
LONDON (Reuters) – The pound dropped to its lowest against the dollar since early July on Thursday, brushed aside by…
UBS raises USD/JPY forecast, says another jump to 160 is possible
Investing.com — UBS has raised its forecast for the USD/JPY in a note Thursday, expecting significant fluctuations in the exchange rate…
Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its…
Morning bid: A twist in the U.S.’s inflation tale?
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. The dollar is forging…
Traders keep bets on Dec rate cut after latest US economic data
(Reuters) – Futures tied to the Federal Reserve’s policy rate edged down after data showed wholesale prices firmed a little…
ECB divided on risk of excessively weak inflation, accounts show
FRANKFURT (Reuters) – A European Central Bank rate cut last month was seen as an insurance move against unexpectedly low…
Sotheby’s settles New York tax fraud case, pays damages
By Jonathan Stempel NEW YORK (Reuters) -Sotheby’s will pay $6.25 million and adopt reforms to settle New York Attorney General…
Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal…