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Dollar dented by twitchy investors over threat of US shutdown
Yahoo Finance· 2025-09-30 01:31
By Amanda Cooper LONDON (Reuters) -The U.S. dollar held firm on Tuesday ahead of a likely U.S. government shutdown that could disrupt the release of the monthly jobs report this week, while the Australian dollar was the top-performing major currency of the day after the central bank sounded a cautious note on inflation. Investor focus is on the impending U.S. shutdown. Government funding expires at midnight on Tuesday (0400 GMT) unless Republicans and Democrats agree to a last-minute temporary spending ...
Dollar set for second weekly gain amid US economic resilience
Yahoo Finance· 2025-09-26 02:09
By Chibuike Oguh NEW YORK (Reuters) -The dollar fell but was still on course to notch a second straight week of gains against major peers on Friday after data continued to show U.S. economic resilience, potentially complicating the Federal Reserve's efforts to cut interest rates. The dollar was down 0.21% to 149.48 against the Japanese yen, on track for a fifth consecutive week of gains and trading near its highest level since August 1. The euro was up 0.31% to $1.1701. It was on course to finish the ...
Dollar holds steady as investors weigh comments from Fed's Powell
Yahoo Finance· 2025-09-23 01:18
By Chibuike Oguh and Canan Sevgili NEW YORK/LONDON (Reuters) -The U.S. dollar held steady against major peers on Tuesday as investors weighed commentary from Federal Reserve officials including Chair Jerome Powell, while the Swedish krona gained after the Riksbank delivered a hawkish 25-basis-point rate cut. The dollar was down 0.11% at 0.791 against the Swiss franc The euro was up slightly by 0.08% at $1.1812 while sterling was flat at $1.3517. Powell said the central bank needed to continue balancing ...