The U.S. currency failed to get a lift from a rise in Treasury yields overnight, with investors awaiting a key retail sales report and comments from Federal ...
TOKYO - The dollar drifted lower on Tuesday, extending the previous day's losses against the euro and sterling, as market jitters over the risks of a far-right French government receded.
The index's rally was mostly driven by a sharp euro selloff, after French President Emmanuel Macron called a shock snap election last week in response to his ruling centrist party's trouncing by Marine Le Pen's eurosceptic National Rally in the European Parliament elections. The euro added 0.04% to $1.0738, adding to the previous session's 0.26% rise. Sterling gained 0.06% to $1.2712.The greenback has been pulled in both directions, with mild U.S. inflation readings contrasting with an overall hawkish stance by Fed officials at last week's policy meeting, when they trimmed their previous median projection for three quarter-point rate cuts this year to one.
"Financial markets are pricing almost no chance of a change to the Reserve Bank of Australia's cash rate today we agree," Commonwealth Bank of Australia economist Kristina Clifton wrote in a note. While Enbridge remains a top investment choice in 2024, this TSX dividend stock is positioned to outpace the Canadian energy giant. The post Before You Buy Enbridge: Here’s a Different Dividend Stock I’d Buy First appeared first on The Motley Fool Canada.The ex-White House communications director reminded the group of top business leaders that they "were not happy" when Trump was president.
‘I talk to a lot of presidents’: Serena Williams gets testy when asked about Trump after being named on regular call list
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