News

Dollar surges then steadies as Trump backs down on Fed attacks
The U.S. dollar rose sharply and then steadied on Wednesday as President Donald Trump backed away from threats of firing ...
Dollar Stays Weaker on Fed Independence Concerns
The dollar remained under pressure after hitting a three-year low Monday following renewed calls from President Trump for ...
Trump says he has 'no intention of firing' Federal Reserve Chairman Jerome Powell
President Donald Trump had criticized Fed Chairman Jerome Powell as 'a major loser,' but he has 'no intention of firing him.' ...
Rupee to dip as dollar rally stoked by Trump's Fed comments, US-China optimism
The rupee is likely to open weaker on Wednesday, pressured by the dollar index rallying after U.S. President Trump walked ...
Asian shares jump on hopes tariff war may subside and Trump won’t fire Federal Reserve chief
Asian shares are mostly higher, with markets showing relief after President Donald Trump indicated he won’t dismiss the head ...
How Trump’s Fed Fight May Undermine His Trade Negotiations
A flight from U.S. assets, including the dollar, could worsen if the president continues his attacks on the Federal Reserve, ...
Rupert Murdoch’s newspaper is fed up with Trump
President Donald Trump, from left, speaks as Commerce Secretary nominee Howard Lutnick listen and Rupert Murdoch listen in ...
Gold soars past $3,400 as dollar slides; Trump's threats to Fed spark new safe-haven rush
Gold futures rallied above the $3,400/oz threshold for the first time Monday, marking the seventh session in the past nine ...