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US dollar firms as investors await Fed interest rate decision
The U.S. dollar was firmer against major currencies on Wednesday as investors awaited the Federal Reserve's monetary policy decision, as well as clues on the trajectory of interest rates this year. The Fed is widely expected to hold interest rates steady at the end of its first policy meeting of the year on Wednesday.
Key Takeaways From Fed Decision to Hold Rates Steady
Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday: Federal Open Market Committee votes unanimously to maintain benchmark rate in target range o
U.S. stocks open mostly lower ahead of Fed rate decision
U.S. stock indexes were mostly lower on Wednesday morning ahead of the release of the Federal Reserve's first monetary-policy decision of the year. The Dow Jones Industrial Average was flat, trading at around 44,
Dollar Rises Ahead of Fed Rate Decision
The dollar edged higher ahead of the Fed meeting, and XTB said while the central bank could defy expectations by sounding less cautious about the pace of future rate cuts, any dollar falls were likely to be limited,
1d
Trump pauses federal loans and grants, putting trillions at risk: ‘Preposterous waste of taxpayer dollars’
The sweeping halt, which encompasses a slew of longstanding government assistance disbursements including foreign ...
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Dollar rebounds as Trump talks of Canada, Mexico tariffs
Trump was quoted saying his team was thinking of tariffs around 25% which could be announced on Feb. 1 but offered no other ...
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The US dollar vs crypto: Is Trump undermining the greenback?
Industry executives and analysts discuss whether incoming President Trump’s pro-crypto policies will end up undermining and ...
13d
US exceptionalism turns dollar into global problem
King Dollar, meet the Donald. After lording over most major currencies for the past three years, the greenback is likely to ...
12d
Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
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