US Dollar Currency Index
ECB signals a rate cut, more monetary easing ahead
The European Central Bank (ECB) prepared markets for more easing measures on Thursday, causing the euro to fall to a two-year low against the dollar. The central bank said it expects its key interest rates to remain “at their present or lower levels” at least through the first half of 2020, updating the wording on …
Trump critcizes bitcoin, cryptocurrencies; questions Facebook Libra
President Donald Trump talks to reporters before boarding Air Force One to return to Washington from Morristown Municipal Airport in Morristown, New Jersey, July 7, 2019. Jonathan Ernst | Reuters U.S. President Donald Trump on Thursday said he’s “not a fan” of cryptocurrencies, and suggested that Facebook may need a banking charter if the company …
Chinese inflation data, The Fed, currencies in focus
Stocks in Asia were mixed in Wednesday morning trade as investors await comments from U.S. Federal Reserve Chairman Jerome Powell for possible clues on the central bank’s next move on interest rates. In Japan, the Nikkei 225 slipped 0.17% in early trade, while the Topix fell 0.55%. South Korea’s Kospi, on the other hand, advanced …
S&P 500, US-China trade, oil and currencies in focus
Stocks in Asia were mixed in Tuesday morning trade. Meanwhile, the S&P 500 touched a record high overnight on Wall Street on the back of a recent pause in tariff escalation between the U.S. and China. The Nikkei 225 in Japan added 0.12% in early trade, while the Topix rose 0.13%. In South Korea, however, …
