Bank of England Governor Mark Carney and Bill Dudley, President of the Federal Reserve of New York, urged the finance industry to prepare for the transition to new benchmark rates from scandal-ridden Libor. “Libor’s potential […]
The euro settled above the $1.23 line on Friday and is on track for its smallest week of gains in ten months as investors marked time ahead of the European Central Bank’s meeting next week […]
John Williams, who will ascend to the presidency of the Federal Reserve Bank of New York on June 18, is set to have a permanent vote on the FOMC as its second most powerful official. […]
John Williams was named Tuesday as the next president of the Federal Reserve Bank of New York, succeeding William Dudley. He brings with him monetary-policy chops, a long history at the central bank and some […]
The US Dollar is gaining ground again on Wednesday with US equity market futures pointing to a soft open in New York.
The New Zealand dollar is little changed, having shed its gains in New York on Friday as US stocks dropped and fears of a trade war grew. The kiwi traded at US72.29 cents as at […]
With US equity futures turning lower before the open in New York, the US Dollar has been able to claw back some of its losses onset by the first FOMC meeting helmed by Fed Chair […]
The US Dollar (via DXY Index) is trading lower at the start of trading in New York on Wednesday as traders patiently await the first FOMC decision helmed by newly-minted Fed Chair Jerome Powell.
There are plenty of unique things about Plattsburgh, a small city in upstate New York, but its city council chamber is not one of them. The curved wooden desk for the council members and the […]
The price of the No. 1 digital currency extended a brutal slide on Wednesday, adding to its recent losses amid another wave of negative news. A single bitcoin BTCUSD, -1.67% last traded at $8,248.16 late-Wednesday […]