Currencies

Euro Climbs, ECB Predicted to Leave Interest Rates Steady

A report last week of near-absent inflation in the euro zone led investors to speculate that the European...

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Dollar up, Euro down, in Anticipation of Central Banks’ Corrections

With data showing that U.S. business activity was stronger than expected in October and that euro zone inflation...

Dollar Rises ahead of Fed Meeting

Investors expect that the Federal Reserve will decide to continue its stimulus policy in its meeting this week....

China Advancing Reserve Currency Plan

The People’s Bank of China and the European Central Bank have reached a three-year agreement to exchange up...

Global Rush on U.S. Dollars

International bankers and foreign investors have an ongoing need for U.S. dollars, but cannot simply order them from...

Euro Beats Dollar on European Central Bank Comments

European Central Bank (ECB) President Mario Draghi announced today that the bank will maintain its current monetary policy...

U.S. Shutdown Hits Dollar, Nudges Global Markets

The U.S. government couldn’t come to a last-minute emergency funding agreement before the midnight deadline last night, stopping...

Dollar Falls as Chance of Shutdown Rises

As U.S. lawmakers continued to be unable to reach a deal to avert a government shutdown as soon...

Dollar Drops on Shutdown Worries

As the U.S. government approached a possible shutdown as soon as next week, investors fled the dollar, leading...

Today’s Dollar Gains Temporary, Warn Analysts

Today's release of better-than-anticipated jobs data pushed the U.S. dollar to broad gains.