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Deficit doubts on tax bill cool Wall Street rally

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 30, 2017. REUTERS/Brendan McDermid (Reuters) – U.S. stock futures pointed to a reversal of some of this week’s gains for Wall Street on Friday as a delay in voting on a... More »

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Euro rally keeps dollar in the doldrums

The dollar remained mired near its lowest levels since early 2015 as European Central Bank President Mario Draghi's suggestion that it may begin tapering its massive stimulus programme this autumn continued to underpin the euro. More »

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Wall Street rises on Fed bets but North Korea mutes gains

The three major U.S. stocks indexes ended higher on Friday, snapping three days of losses, as investors bet on slower U.S. rate hikes, but gains were muted by increasingly aggressive exchanges between the United States and North Korea. More »

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Yen hits multi-month highs as risk-off mood persists

FILE PHOTO: Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo The yen hit five-month highs against the dollar, euro and sterling... More »

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Dollar wobbles but holds above four-month lows

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo The dollar wobbled in Asian trading on Monday as some lacklustre U.S. data and comments from Federal Reserve officials gave investo... More »

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Dollar perks up after Trump as Fed March hike comes in sight

A man counts U.S dollars at a money exchange office in central Cairo, Egypt, December 27, 2016. REUTERS/Mohamed Abd El Ghany The dollar ticked up on Wednesday as Federal Reserve policy-setters fanned expectations of a rate hike this month, while U.S. President... More »

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Fed officials jolt market with talk of pending rate hike

William Dudley, President of the New York Federal Reserve Bank, speaks at Brooklyn College in the Brooklyn borough of New York, March 7, 2014. REUTERS/Keith Bedford/File Photo A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expe... More »

Fed turns to Trump agenda with rate hike nearly in the bag

A police officer keeps watch in front of the U.S. Federal Reserve in Washington October 12, 2016. REUTERS/Kevin Lamarque/File Photo The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts pr... More »

Asian stocks eke out gains, dollar nears a nine-month high

People walk past an electronic board displaying various Asian countries’ stock price index and world major index outside a brokerage in Tokyo, Japan, August 21, 2015. REUTERS/Issei Kato/File Photo Asian stocks eked out gains but lacked clear direction on Monda... More »

Bank rewards must promote good conduct: Fed`s Dudley

William Dudley, President of the New York Federal Reserve Bank, speaks at Brooklyn College in the Brooklyn borough of New York, March 7, 2014. REUTERS/Keith Bedford/File Photo Banks need to continue to monitor the way they reward employees to ensure they promo... More »

Bond selloff a wild card that could delay Fed rate hike

NEW YORK The sharp bond market selloff is starting to pinch American consumers and companies, causing a mild economic tightening that, if sustained, could raise alarms at the Federal Reserve and even delay a plan to hike interest rates in coming months. U.S. m... More »

Dollar shines as jobs report supports case for Fed hike in Sept

TOKYO The dollar held firm in early Asia on Monday, trading near 13-year highs against the yen after strong U.S. employment data bolstered expectations for an interest rate hike by the Federal Reserve before year-end. U.S. nonfarm payrolls jumped 280,000 last ... More »

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Fed officials say June rate hike still in play, hinges on data

NEW YORK (Reuters) – The Federal Reserve could still hike interest rates in June despite weak recent U.S. data and investor skepticism, two influential officials with the central bank said on Wednesday, putting the spotlight squarely on the economy’s performan... More »