Shares in Asia lost ground Friday as dovish signals from the U.S. Federal Reserve weakened the dollar, with possible consequences for the competitiveness of Asian exports. The Nikkei Stock ... Read More
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its ... Read More
A former Federal Reserve employee was sentenced Friday to 12 months probation and a $5,000 fine after pleading guilty in October to installing unauthorized software on a computer server ... Read More
The Federal Reserve Board on Wednesday announced it is permanently prohibiting Jason Katz, a former foreign exchange (FX) trader at Barclays PLC and later at BNP Paribas SA, from ... Read More
The Federal Reserve announced an increase in interest rates yesterday, nudging its target rate up by 25 basis points to a 0.50%-to-0.75% range. The central bank’s revised economic projections ... Read More
Digital currency bitcoin on Tuesday surged to its highest in nearly three years as investors bought the asset in a supposedly safe-haven bid in the midst of volatility in ... Read More
Fed expected to raise interest rates but won’t tell market what it wants to hear The markets want to hear whether the Trump economy could jolt the Fed into ... Read More
Asian Stocks, Dollar Steady as Fed Day Arrives; Crude Retreats Odds of a rate hike Wednesday have been at 100% all month Crude snaps four-day OPEC rally after U.S. ... Read More
Gold prices came under renewed pressure on Friday, a day after Federal Reserve Chairwoman Janet Yellen said a U.S. interest-rate hike could come “relatively soon.” Yellen’s prepared comments to ... Read More
I know it’s bad form to express sympathy for the people running the world’s central banks. But come on, they’re human beings in an impossible spot with no idea ... Read More
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