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TRADING DAY Trump-Powell drama sizzles, dollar fizzles
At around midday in the U.S. session on Wednesday, it looked like six months of verbal attacks on Fed Chair Jerome Powell from President Donald Trump for not cutting interest rates were about to reach boiling point - according to Bloomberg News, Powell would soon be fired.
Dollar Weakens After Reports Trump Could Move to Oust Powell
The dollar lost value following news that President Trump told lawmakers he will likely try to oust Federal Reserve Chair Jerome Powell. The U.S. Dollar Index, which measures the greenback against a basket of currencies including the Euro and yen,
It seemed that nothing could end the U.S. currency’s reign as the “safe-haven” for financial markets. Then came the Trump ...
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Large U.S. multinationals should soon start showing the positive effects of the ...
Maison de Sabré, founded by brothers Zane and Omar Sabré, is redefining the attainable leather goods space, especially in the ...
Every summer, for two days, the Dallas Zoo drops admission prices to $1 for anyone ages 3 and older. This summer, those days ...
Authorities in Bedford County say a local Dollar General store manager has been charged with theft following an investigation ...
The Trump administration’s trade policies, concerns over the growing national debt and the shrink ...
The National Weather Service issued a severe thunderstorm warning at 4:22 p.m. EDT on Tuesday in effect until 5:15 p.m. EDT ...
Don't look now, but the dollar has been making a reversal even as the market remains risk-on. The U.S. Dollar Index is up for the 9th straight trading day and is on pace for its longest winning streak ...
The S&P 500 closed the week in positive territory, marking another strong performance near record highs. Read more here.
The dollar gained against the euro on Wednesday as traders bet that the Federal Reserve may be less likely to cut rates two ...
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