Dollar Faces Downside Risk on Fed Rate-Path Doubts, Yen Carry Trades Gain Favor
The dollar risks falling because traders lack confidence in how the Federal Reserve will respond to an energy-price shock tied…
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Fed Chair Kevin Warsh Has Two Ways to Tighten Policy Without a Rate Hike
Federal Reserve Chair Kevin Warsh can tighten monetary policy without a formal rate hike, using two nontraditional levers instead. Both…
RBA holds rate at 4.35% as AUD/USD trades flat, dollar awaits U.S. CPI
Australia's central bank left its cash rate unchanged at 4.35% on Tuesday, extending a pause as it weighs persistent inflation…
Rupee dips as oil prices rise on Middle East tensions; RBI intervenes
The Indian rupee weakened as oil prices climbed on escalating Middle East tensions, and the Reserve Bank of India stepped…
UK retail sales growth slows to 1.3% in July as Barclaycard spending rises 2.0%
UK retail sales growth slowed to 1.3% year on year in July from 1.9% in June, even as Barclaycard's broader…
