By Wayne Cole SYDNEY (Reuters) -U.S. bond futures slipped and the dollar firmed on Monday as investors wagered the attack on U.S. presidential candidate Donald Trump made his victory more likely, while injecting a whole new level of political uncertainty into markets. A holiday in Japan made for thin trading conditions and the early action […]

A strong dollar reinforces America’s economic might and helps bring down inflation — but it also hurts exporters. Paul J. Richards/AFP via Getty Images hide caption toggle caption Paul J. Richards/AFP via Getty Images The American dollar has been soaring this year relative to most currencies in the world. That’s providing a lot of benefits […]

The US Copyright Office is currently reviewing whether or not The MLC should continue to administer the compulsory licence used by digital music services in the US, which sets how songwriters and music publishers get paid when their music is streamed.  However, should there even be a compulsory licence to administer? Has The MLC really […]

By Amanda Cooper LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea that U.S. inflation may have slowed enough for the Federal Reserve to cut rates in 2024, while the euro was calm ahead of an expected cut from the European Central Bank this week. Among emerging market currencies, the […]

(Bloomberg) — US equity futures rallied following upbeat earnings from Nvidia Corp. released after the New York close, which reinforced optimism for the global artificial intelligence boom. Most Read from Bloomberg Nvidia said second-quarter revenue will be about $28 billion, beating analysts’ estimates. The company also announced a 10-for-1 stock split and boosted its quarterly […]

Every major currency in the world has fallen against the U.S. dollar this year, an unusually broad shift with the potential for serious consequences across the global economy. Two-thirds of the roughly 150 currencies tracked by Bloomberg have weakened against the dollar, whose recent strength stems from a shift in expectations about when and by […]

The Japanese yen has weakened significantly against the dollar in 2022. Stanislav Kogiku | SOPA Images | LightRocket | Getty Images The currency has languished alongside continued strength in the greenback as Federal Reserve rate cut expectations get pushed back. The Fed’s preferred inflation gauge came in slightly hotter than expected on Friday, underlining the

The Mexican peso continues to break records, appreciating its strongest level against the dollar in almost nine years at 16.44. “The U.S. currency has lost value against all other currencies because there’s a lot of dollars in circulation,” Jorge Fonseca, an economist in Tijuana, told NBC 7’s sister station Telemundo 20. However, these fluctuations generated […]

By Tom Westbrook SINGAPORE (Reuters) – The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest U.S. labour market readout. An unexpected slowdown in U.S. services growth also supported cut […]

By Samuel Indyk and Brigid Riley LONDON (Reuters) -The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank’s policy announcement on Thursday. Meanwhile, bitcoin was picking up a head of steam […]

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