Dollar Up As U.S. Inflation Remained Flat; Trump Mulls Signing Spending Deal

The U.S. dollar drifted higher against its key counterparts in the European session on Wednesday, as a data showed that U.S. consumer inflation remained unchanged in January and on media reports that President Trump is willing to sign a Congressional spending package on a border security agreement to avert another partial government shutdown. Data from the Labor Department showed that […]

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Dollar Mostly Steady Against Major Currencies

The U.S. dollar is mostly steady against most major currencies on Tuesday, with traders shunning riskier currencies amid renewed worries about global economic slowdown. With the International Monetary Fund (IMF) cutting its world economic growth forecast for the current year and 2020, citing U.S.-China trade disputes, Brexit uncertainty and the partial government shutdown in the U.S., global equities drifted lower […]

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World markets rally, pound rises on hard-fought Brexit deal

People look at their cell-phone in front of an electronic stock board of a securities firm in Tokyo, Monday, Nov. 26, 2018. Asian shares were mostly higher Monday on hopes that U.S. President Donald Trump and his Chinese counterpart Xi Jinping will unwind a blistering trade dispute at a meeting this week. (AP Photo/Koji Sasahara) World markets were mostly higher […]

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The pound is surging after UK and EU make a fresh Brexit breakthrough

Pound jumps after reports UK and EU negotiators made another breakthrough on the path to Brexit. The pound has gained more than 1.1% against the dollar on Thursday morning. It had dropped sharply in the past week after Cabinet resignations over Prime Minister Theresa May’s Withdrawal Agreement. You can follow the pound live at Markets Insider. The pound has taken […]

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