Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times.
Uncovered interest parity (UIP) has been almost universally rejected in studies of exchange rate movements. In contrast to previous studies, which have used shorthorizon data, we test UIP using ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed's decision to change rates ...
A crowded strong U.S. dollar trade is set to get more bunched up in coming months, with near one-third of currency ...