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9 hours ago · TOKYO (Reuters) -The U.S. dollar hung near its lowest in almost a month versus major peers on Tuesday, still smarting from Friday's unexpectedly soft jobs report as traders awaited testimony from Federal Reserve Chair Jerome Powell for clues on the path of interest rates. The euro held its ground after Monday's sharp swings as investors come to terms with a hung parliament in France, which ...
9 hours ago · The U.S. dollar hung near a multi-week low versus major peers on Tuesday, still smarting from Friday's unexpectedly soft jobs report as traders awaited testimony from Federal Reserve Chair Jerome ...
9 hours ago · The Powell Fed has become more politically sensitive—Powell has tended to focus more on issues politicians care about and less on what an independent central banker should worry about. The best to hope for today is probably recognition of some of the recent data weakness, and retaining the option of a September rate cut.
9 hours ago · Powell's comments come ahead of Thursday's release of the consumer price index for June, which economists think will show the headline annual rate easing to 3.1% from 3.4% in May.
7 hours ago · The U.S. dollar hung near a multi-week low versus major peers on Tuesday, still smarting from Friday's unexpectedly soft jobs report as traders awaited testimony from Federal Reserve Chair Jerome Powell for clues on the path of interest rates. The euro held its ground after Monday's sharp swings as investors come to terms with a hung parliament ...
9 hours ago · CHICAGO (AP) — A shooting at a block party in Detroit left two people dead and more than a dozen wounded, capping a violent holiday weekend in the U.S. that also saw mass shootings in Kentucky ...
1 hour ago · July 09, 2024 at 03:19 am EDT. LONDON, July 9 (Reuters) - Euro zone bond yields inched higher on Tuesday as investors waited for testimony from Federal Reserve Chair Jerome Powell, days after a weak jobs report pointed to a slowdown in the U.S. economy. Germany's 10-year bond yield, the benchmark for the euro zone bloc, rose 1 basis point (bp ...
