Tag: Finance
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Fed rumoured to be acting more forcefully as inflation soars
The Federal Reserve is anticipated to hike the U.S. cost of borrowing faster and farther than previously projected after statistics on Tuesday showed underpinning...
Amidst hawkish ECB signs, euro records 3-week high; dollar remains unchanged
On Monday, as European Central Bank policymakers argued for more aggressive monetary tightening, the euro surged to a more than three-week high against the...
Asia markets hike prior inflation test; the dollar is constrained
The U.S. dollar was constrained on Monday by the possibility of rising European interest costs and Japanese intervention, while Asian stock markets rose on...
Sterling may drop even further in price when it goes back to the 1980s
The fall in the value of the pound versus the dollar to levels last seen in 1985 has raised concerns about a sharp decline...
Dollar reaches higher, euro tumbles far from parity
The U.S. services sector report from August supported the idea that the economy is not in recession, and the dollar advanced on Tuesday while...