The Bank of England, trying to stabilize the pound's rapid descent, said it would buy long-dated government bonds. Meanwhile, the…
Bank of England Chief Economist Huw Pill said overnight that the central bank is likely to deliver a "significant policy…
The dollar paused in what has been a relentless climb higher as the euro and even the besieged Japanese yen…
Global risk assets extended their selloff on Monday as fears of faster inflation and global recession continued to rise. U.K.…
As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen,…
Fed Chairman Jerome Powell warned that the bank will keep hiking rates at a sharp clip, even risking pressure on…
U.S. Dollar Index (USDX) The U.S. dollar edged lower in early sessions but remained near a 20-year high as the…
After releasing faster-than-expected CPI data, the U.S. economy remains under heavy inflationary pressure. Additionally, retail sales increased along with the…
The U.S. dollar index dropped 0.2% this morning before the inflation data due tomorrow, as inflation is expected to ease.…
U.S. Dollar Index (USDX) The dollar took a breather from its surging rally on Friday as markets digested yet more…