Euro climbs to 2-1/2-year high after Draghi refrains from talking down currency

The euro extended gains to a 2-1/2-year high against the dollar on Monday after the European Central Bank president held back from talking down the currency and as markets worried about the impact of Tropical Storm Harvey on the U.S. economy. The euro was a shade higher at $1.1924...

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Dollar supported as spotlight falls on monetary policy, inflation puzzle

The dollar was buoyant against the yen on Friday as some participants bought back the currency to square positions ahead of a meeting of central bankers in Jackson Hole, Wyoming. While Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are expected to stay on script...

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Dollar regains some footing; focus on central bankers

The dollar inched higher on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement. Trump warned late on Tuesday he might end the NAFTA trade treaty with...

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U.K. Brexit Concerns Increase as Businesses Fret About Economy

U.K. companies are getting more worried about the economy and feeling less confident in spending money on hiring or investing, according to a new report. The Recruitment and Employment Confederation said an index of economic conditions has fallen to the lowest this year, with a greater proportion of respondents...

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Dollar steadies after dropping on U.S. political turmoil

The dollar steadied on Monday, edging away from four-month lows against the yen plumbed in the previous session as investors turned their focus from political turmoil in Washington to the Federal Reserve’s annual central banking conference in Wyoming. The dollar was flat on the day at 109.22 yen, after...

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