Dollar hits nearly eight-week high as euro slips on German political setback
The dollar index rose to its highest level since July 29 on Monday, extending a weekly gain after the Federal…
Forex News
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Boston Fed’s Collins Backs Second Rate Hike This Year, Sees Rates Flat in 2027
Boston Fed President Susan Collins says renewed fighting in the Middle East pushed her to back last week's rate hike…
Fed’s Musalem says more rate hikes likely needed to curb inflation
St. Louis Fed President Alberto Musalem said the central bank will likely need to raise interest rates further to curb…
USD/CAD Holds Near 1.40 as Falling Oil and Fed Rate Bets Pressure the Loonie
The Canadian dollar weakened on Monday as falling oil prices and expectations of further U.S. monetary tightening kept USD/CAD near…
Bank of Canada’s Macklem Says New US Tariffs Could Halve Q4 Growth to Below 1%
Bank of Canada Governor Tiff Macklem warned that new US tariffs could roughly halve fourth-quarter growth to below 1% if…
