The euro is slipping fast, dragged down by traders who are betting that interest rates in Europe and the US will continue to head in opposite directions. Yesterday, the European Central Bank (ECB) cut ...
The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...
Gold is on track for its best monthly performance since March last year as sentiment remains strong and participants consider ...
EUR/USD declines to near 1.0370 as inflation in six states of Germany decelerates in January.
Diverging signals about monetary policy from the European Central Bank and Federal Reserve this week have set the euro on a ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
For any repeat of the dramatic 1985 "Plaza Accord" between the U.S. and its main allies to weaken a then-stratospheric dollar ...
On Jan. 30, the European Central Bank (ECB) decided to cut its three key interest rates by 25 basis points. This brings the deposit facility rate to 2.75%, ...
ECB's Lagarde rejects Bitcoin as reserve asset amid US states' adoption push, emphasizing traditional security and liquidity requirements.
The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to ...
Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.