News Source: Merced Sun-Star
| 28 days ago
The dollar was nearly flat Thursday after the European Central Bank and Bank of England left their respective key interest rates unchanged. Higher interest rates can support a currency as investors transfer funds in search of better returns. The ECB...
News Source: The Journal Gazette
| 28 days ago
The euro was lower against the dollar Thursday though investors expected the European Central Bank to hold its main interest rate unchanged at 1 percent when it meets later Thursday, which should lend support to the euro. The 16-nation euro bought $1.
News Source: Channel NewsAsia
| 29 days ago
The ailing US dollar got little traction on Wednesday as the US Federal Reserve offered no clue on lifting interest rates even with an economic recovery that appears to be gaining momentum...The European unit rose to 1.4865 dollars at 2200 GMT...
News Source: Fox News
| 29 days ago
Interest-rate futures on Wednesday indicated traders expect the Federal Reserve to keep its target overnight borrowing cost for banks, known as the federal funds rate, at record lows at least until June, after central bank policy makers repeated they...
News Source: Star Tribune
| 29 days ago
The dollar declined ahead of an expected announcement from the Federal Reserve this afternoon that interest rates are likely to remain near zero. Higher interest rates can support a currency as investors transfer funds in search of better returns. In...