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Top currencynews.co.uk News
Federal Reserve · United StatesThe dollar weakened to a three-year low on Thursday after a report that Donald Trump was considering nominating the next Federal Reserve chair early, due to the US president’s frustration at the slow pace of interest rate cuts. The US currency fell 0.6 per cent against a basket of its trading partners including the pound and the euro, hitting a level last reached in early 2022.See the Story
Dollar hits 3-year low on report Donald Trump could pick next Federal Reserve chair early
49% Center coverage: 57 sources
Bank of England · United KingdomThe Bank of England has held interest rates to “squeeze out persistent inflationary pressures” amid tensions between Israel and Iran risking an alarming uptick in energy prices later this year. Officials said high inflation predictions and sticky wage growth figures had led them to opt for interest rates to be kept at 4.25 per cent while the emergence of a conflict in the Middle East had caused it to “remain vigilant”. See the Story
Bank of England holds interest rates at 4.25 per cent
52% Center coverage: 50 sources
Finance · Iran{beacon} Energy & Environment Energy & Environment The Big Story Iran strikes could bring modest increase at the pump Americans could see modest increases in the prices they pay at the pump in the wake of increasing conflict with Iran, analysts say. © iStock Andrew Lipow, president of consulting firm Lipow Oil Associates, told…See the Story
What the Iran Conflict Means for Gas Prices
75% Center coverage: 16 sources
Wall Street Mixed in Premarket Trading as Fragile Israel-Iran Truce Appears to Hold
53% Center coverage: 15 sources
