Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook
admin BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets…
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U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September,…
Read MoreMarket expectations start to shift in direction of slower pace of rate hikes by Fed
In a year dominated by worries about inflation and rising interest rates, strategists and traders…
Read MoreEuro slips as traders see ECB opening the door to slower rate hikes
The euro dipped back below parity versus the U.S. dollar on Thursday as traders bet…
Read MoreThe ECB meets Thursday — here’s what to watch ahead of another jumbo interest rate increase
The Federal Reserve is far from the only central bank lifting rates in big steps.…
Read MoreAsian stocks moving lower in wake of latest volatile session on Wall Street
TOKYO (AP) — Asian shares were mostly lower on Wednesday following another volatile day on…
Read More4 ways to corral a rampaging U.S. dollar — and why none of them are ideal
The U.S. dollar keeps getting compared with a “wrecking ball” in regard to the economic…
Read MoreThe stock market is surging as the U.S. dollar retreats. It’s all about bonds.
It all comes back to bonds. A closely watched U.S. dollar index fell sharply Tuesday,…
Read MoreOpinion: Looking for a cheap retirement spot? Europe is a good deal for Americans
I’m currently visiting London, and thanks to the turmoil on the foreign exchange markets I…
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Opinion: Biden is undermining Powell’s efforts to curb inflation
Appropriating language from Paul Volcker, Federal Reserve Chairman Jerome Powell has pledged to “keep at…
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