United States

Foreign Exchange Analysis Headlines

Dollar higher after Powell deflects trade concerns

The dollar rose on Tuesday as Federal Reserve Chairman Jerome Powell provided an upbeat assessment on the U.S. economy while downplaying the impact of current global trade policy discussions on the outlook for further monetary tightening.

Dollar fades from two-week high tied to trade fears

The dollar dipped against a basket of currencies on Friday, fading from a two-week peak which was tied to news of a record Chinese trade surplus that may fuel U.S.-China trade tensions and that briefly spurred safe-haven bids for the greenback.

Dollar gains sustained by trade war risk, rising inflation

The U.S. dollar held steady at a six-month high against the Japanese yen and a two-month high against the Swiss franc on Thursday, bolstered by solid inflation data and investor sentiment that the greenback stands to benefit from a trade war.

Dollar hits six-month high against yen on strong inflation

The U.S. dollar strengthened against the Japanese yen on Wednesday as trade tensions mounted and after the Labor Department's expectation-beating inflation report, which increased prospects that the Federal Reserve will raise interest rates another two times this year.

Senators propose bill to restrict international development loans to Turkey

ISTANBUL Six U.S. senators introduced bipartisan legislation on Thursday to restrict loans from international financial institutions to Turkey "until the Turkish government ends the unjust detention of U.S. citizens", a senate committee statement said.