News

Trump’s tariffs were supposed to strengthen the dollar. So why is it the weakest it’s been in three years?
The US dollar is weakening against other currencies. It’s the opposite of what many on Wall Street had expected this year, ...
Trump takes aim at Powell and sends the U.S. dollar tumbling to a 3-year low
A potential “attempt to influence the Fed so directly” by announcing a successor to Jerome Powell well before his term ...
Dollar hovers near 3-1/2-year low with market focus on US rate cuts, euro area inflation
The U.S. dollar was just above its lowest level in 3-1/2 years against the euro and sterling on Friday, with traders ramping ...
Trump Has 'Already Won' By Dodging Accountability In Fed Showdown, Says Apollo's Jim Zelter
According to Jim Zelter of Apollo Global Management, President Donald Trump has already set the stage for passing the blame ...
Pound hits near 4-year high as Trump rattles dollar
The pound briefly hit its highest level against the dollar for almost four years after markets were unnerved by a report that ...
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China Looks To Capitalize On Trump Tariff-Induced Dollar Fallout With Multi-Pronged Steps To Boost Yuan’s Global Appeal
As U.S. President Donald Trump’s tariff policy takes some sheen off the dollar, often considered a safe haven, China wants to ...
Dollar falls in broad risk rally after Trump announces Israel-Iran ceasefire
The dollar fell on Tuesday while the Australian and New Zealand dollars rose after U.S. President Donald Trump announced a ...
Trump says China ‘can now continue to purchase oil from Iran’—but he hopes Beijing will buy U.S. crude instead
In a social media post on Tuesday, Trump wrote that “China can now continue to purchase oil from Iran.” That would be a major ...