Forex9 hours ago (May 29, 2020 10:45AM ET) (C) Bloomberg. Loretta Mester, president and chief executive officer of the Federal Reserve Bank of Cleveland, gestures while speaking during a Bloomberg Television interview in London, U.K., on Wednesday, July 3, 2019. U.S. President Donald Trump’s picks to join the Federal Reserve won’t have big a political […]Read More

Forex4 hours ago (May 29, 2020 02:58AM ET) (C) Reuters. By Peter Nurse Investing.com – The dollar edged lower in early European trade Friday, but trading ranges have been tight as traders attempt to weigh up the conflicting forces of a continued economic recovery with heightened tensions over China’s move to tighten control over Hong […]Read More

Forex6 hours ago (May 29, 2020 01:05AM ET) (C) Reuters. FILE PHOTO: Australian Prime Minister Morrison speaks during a joint press conference at Admiralty House in Sydney SYDNEY (Reuters) – Some sectors of Australia’s economy will require additional stimulus, Prime Minister Scott Morrison said on Friday. To prevent a prolonged economic depression triggered by COVID-19, […]Read More

Forex8 hours ago (May 28, 2020 11:32PM ET) (C) Reuters. By Gina Lee Investing.com – The dollar ended the week with gains in Asia, with U.S.-China tensions nearing a boiling point. Tensions have been simmering throughout the week, triggered by China’s national security laws for Hong Kong and Macau during the previous week. China’s National […]Read More

Forex10 hours ago (May 28, 2020 08:50PM ET) (C) Reuters. A man counts U.S. dollars in Tehran By Stanley White TOKYO (Reuters) – The dollar was hemmed into a narrow trading range on Friday as traders’ focus shifted to U.S. President Donald Trump’s response to China’s passage of a national security law for Hong Kong. […]Read More

Forex14 hours ago (May 28, 2020 05:27PM ET) (C) Bloomberg. The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S., on Tuesday, March 17, 2020. The Trump administration is backing sending direct payments of $1,000 or more to Americans within two weeks as part of an $850 billion plan to blunt some of […]Read More

Forex1 hour ago (May 28, 2020 05:00PM ET) (C) Bloomberg. Patrick Harker Photographer: Charles Mostoller/Bloomberg (Bloomberg) — The coronavirus pandemic is worsening U.S. inequality along income and racial lines, Federal Reserve Bank of Philadelphia President Patrick Harker said. “This health crisis has not so much changed things as simply exposed, and in some cases accelerated, […]Read More

5/5 (C) Reuters. FILE PHOTO: A man walks past a real estate agency during the coronavirus disease (COVID-19) outbreak in Madrid 2/5 By Clara-Laeila Laudette and Inti Landauro MADRID (Reuters) – The coronavirus crisis has halted a stellar recovery in Spain’s property market and left most sellers floundering, but major investors have stayed active and […]Read More

Forex8 hours ago (May 28, 2020 10:45AM ET) (C) Reuters. FILE PHOTO: Michael Gove arrives at Downing Street in London LONDON (Reuters) – European companies would be the losers if the European Union tried to impose barriers on London financiers, as such firms would be unable to access some of the deepest markets in the […]Read More

Forex3 hours ago (May 28, 2020 02:48AM ET) (C) Reuters. By Peter Nurse Investing.com – The euro has continued to show strength in early European trade Thursday, as traders continue to upside in the single currency following the announcement of a hefty plan to prop up the bloc’s virus-hit economies. At 3:05 AM ET (0705 […]Read More