The dollar headed for its worst month in five years after Federal Reserve Chair Janet Yellen doused speculation the U.S. central bank would pick up the pace of interest-rate increases. The yen strengthened.
A gauge of the greenback approached the lowest since June after Yellen said the Fed would act “cautiously” as it looks to raise rates against a backdrop of deteriorating global economic growth. During the past two days, the index lost almost all of the gains made last week, when policy makers includ...
05:09 Sterling slides to 3-month lows on 'hard Brexit' fears13
10:52 Russia's VTB CEO says Trump should first lift sanctions against banks16
16:50 Goldman Sachs, Citigroup earnings confirm Trump effect on banks18
06:13 Pound quivers near three-month low, stocks weak before May's Brexit stance speech19