China Says it Won’t Devalue Currency to Bolster Exports China said on Monday the value of its currency is driven by market forces and that it...
Dollar Falls Broadly on Trump’s Currency Comments The dollar slumped against the yen and other major peers on Monday after U.S. President Donald Trump expressed discomfort...
Fed Sees Gradual Rate Hikes Federal Reserve Chairman Jerome Powell on Tuesday said the apex bank will stick to its gradual interest rate hike “for now”...
New Zealand Inflation Undershoots Expectations Inflationary pressures in New Zealand undershot expectations in the June quarter, cementing the view that official interest rate settings from the...
US Retail Sales Boost Economic Outlook Consumer spending surged in June as households increased spending on automobiles and a range of other items, supporting economists’ projection for broad...
Chinese Economy Dips Slightly in Q2 The world’s second-largest economy, China, grew at a softer pace in the second quarter of the year as the trade...
Dollar Pauses Near Six-month Top Ahead of Big Economic Indicators Major currencies held around recent ranges on Monday thanks to a lull in China-U.S. trade skirmishing...
US Inflation Advances to 6-year High US consumer prices grew in June at the fastest pace in more than six years, boosted by expensive gas, higher...
Dollar Holds Firm Against Yen, Major Peers on Strong U.S. Inflation The dollar rose to a six-month high against the yen and steadied against other major...
UK Economy Brightens as Bank of England Nears Rate Decision Britain’s economy picked up a bit of speed in May after slowing in early 2018, according...