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Dollar steadies as Sept rate cut back in focus, yen wobbles By Reuters – Investing.com

Ankur Banerjee SINGAPORE (Reuters) – The dollar edged up from a five-week low on Tuesday as investors weighed the possibility of a September interest rate cut following comments from Federal Reserve Chairman Jerome Powell and pondered the growing chances of former U.S. President Donald Trump being re-elected. The Japanese yen came under pressure again as […]

Asian shares fall as China drags, dollar in demand By Reuters – Investing.com

Stella Chiu SYDNEY (Reuters) – Asian shares fell on Tuesday as investors pondered a possible Donald Trump victory and its impact on China, while the dollar rose for a second straight day despite dovish comments from the Federal Reserve that raised expectations of a U.S. interest rate cut this year. MSCI’s broadest index of Asia-Pacific […]

Gold prices edge lower as dollar firms after Trump attack – Investing.com

Investing.com — Gold prices were slightly lower at the start of Asian trading on Monday, holding near record highs but seeing little boost in safe-haven demand following the alleged assassination attempt on former U.S. President Donald Trump. The dollar recovered some of its recent losses on Monday as safe-haven buying supported it amid growing political […]

TERENCE P. JEFFREY: Joe Biden Is The $7 Trillion Dollar Man

Since President Joe Biden was inaugurated, the federal debt has increased by more than $7 trillion. On Jan. 20, 2021, the day of Biden’s inauguration, it was $27,751,896,236,414.77, according to data published by the U.S. Treasury Department. As of this Fourth of July, it was $34,847,568,990,054.13. That is an increase of $7,095,672,753,639.36 — in less […]

BOB RUBIN: The Dollar Is In Trouble And The Stakes Couldn’t Be Any Higher

The Republican National Committee’s platform committee adopted a new GOP platform on Monday that promises to do the following if the Republicans win the House, the Senate and the White House: “KEEP THE U.S. DOLLAR AS THE WORLD’S RESERVECURRENCY.” As someone who manages hundreds of millions of dollars all day long, I must say this is music […]

Dollar firms on Powell caution; kiwi eases after dovish cenbank – Yahoo Finance

Kevin Backlund TOKYO (Reuters) – The dollar rebounded from a three-week low on Tuesday after Federal Reserve Chairman Jerome Powell sounded cautious about when the U.S. might cut interest rates, helping to push the dollar higher. The New Zealand dollar weakened after the central bank expressed confidence that inflation will return to its target range […]

Euro slips on French gridlock; dollar weak after payrolls surprise – Yahoo Finance

Kevin Buckland and Amanda Cooper TOKYO/LONDON (Reuters) – The euro recovered overnight losses to stabilize on Thursday, while the dollar weakened, after France’s general election showed signs of a divided government. The dollar continued to trend lower after Friday’s unexpectedly weak U.S. employment data strengthened expectations that the Federal Reserve will soon start cutting interest […]