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Dollar dips as Powell testimony disappoints hawks

BY Reuters  • June 21, 2023June 21, 2023
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal Reserve Chair Jerome Powell’s comments on the central bank’s ongoing[...]
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Dollar firms amid supportive U.S. data; Swedish crown, Aussie slide

BY Reuters  • June 20, 2023June 20, 2023
(Refiles to add dropped day in paragraph 1) By Saqib Iqbal Ahmed and Samuel Indyk NEW YORK (Reuters) -The U.S. dollar edged higher against the euro on Tuesday after data showed U.S. housing starts sur[...]
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Stocks rally stalls, eyes on Powell testimony for US rate clues

BY Reuters  • June 19, 2023June 19, 2023
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets[...]
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World stocks gauge pauses after big run, heavy central bank week

BY Reuters  • June 16, 2023June 16, 2023
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stock markets took a breather on Friday after a run to 14-month highs, while the U.S. dollar headed for its big[...]
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Yen sags to 15-year low vs euro after BOJ rate decision

BY Reuters  • June 16, 2023June 16, 2023
By Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its ultra-low interest rate policy and fore[...]
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Central banks, waiting for relief on inflation, lean towards higher rates

BY Reuters  • June 16, 2023June 16, 2023
By Howard Schneider, Balazs Koranyi and Leika Kihara WASHINGTON/FRANKFURT/TOKYO (Reuters) -Two years into confronting rising inflation, the world’s top central banks are still waiting for a deci[...]
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Stocks rally, dollar falls after U.S. data, ECB hike, hawkish Fed pause

BY Reuters  • June 15, 2023June 15, 2023
By Sinéad Carew and Marc Jones NEW YORK, LONDON (Reuters) – MSCI’s global index of stocks rose on Thursday to its highest level since April 2022 after strong U.S. economic data, but the do[...]
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US dollar falls, but off four-week lows, as Fed signals more rate hikes

BY Reuters  • June 14, 2023June 14, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates steady, as expected, but signaled that borrowing costs will incre[...]
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Stocks lose steam, dollar pares losses after Fed keeps rates steady

BY Reuters  • June 14, 2023June 14, 2023
By Sinéad Carew (Reuters) – Global shares lost ground while the dollar cut its losses on Wednesday after the U.S. Federal Reserve paused its interest rate hikes as was widely expected but signal[...]
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