The dollar steadied and pushed higher in early dealings in Europe on Wednesday, after senior Federal Reserve officials played down suggestions of an imminent ‘pivot’ in its monetary policy amid signs that the U.S. labor market is cooling down. The dollar had slumped on Tuesday after the Labor Departm

The U.S. dollar retreated in early European trading Tuesday with risk sentiment on the rise, while sterling retained its recent gains after the U.K. government’s policy u-turn. Traders are beginning to wonder if the slowdown visible in the U.S. and world economies will force the Federal Reserve to adjust its rate-hiking trajectory lower. This has driven a sharp rally in

The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to water down its plans for unfunded tax cuts. GBP/USD climbed 0.3% to 1.1188 after the British

The U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally attached to the Bank of England’s intervention into the bond market dissipated. The Bank of England

The U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally attached to the Bank of England’s intervention into the bond market dissipated. The Bank of England announced an emergency bond-buying on Wednesday, attempting

he U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally attached to the Bank of England’s intervention into the bond market dissipated. The Bank

The British pound edged higher Tuesday, rebounding to a degree after falling to a record low against the U.S. dollar as traders paused for breath after a couple of volatile sessions. GBP/USD rose 0.9% to 1.0783, bouncing after fall

The British pound continued to slump in early European trading Monday, falling to a record low against the soaring U.S. dollar as traders doubted the sus

The Japanese yen soared across the board on Thursday after monetary authorities intervened in the foreign exchange market to boost the battered currency for th

The U.S. dollar soared in early European trading Thursday, posting a new 24-year high against the yen after the Federal Reserve’s hawkish interest-r