Dollar Edges Higher. But Underlying Direction is South

© Reuters. By Peter Nurse Investing.com – The dollar edged higher in early European trade Tuesday, gaining some ground as the more risk-averse sought a safe haven following news of Johnson & Johnson’s setback with its Covid-19 vaccine candidate. At 2:55 AM ET (0655 GMT), the , which tracks the greenback against a basket of […]

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Dollar Struggles for Direction as Powell Talks Up Support, Stimulus

© Reuters. By Yasin Ebrahim Investing.com – The dollar was flat Tuesday as Federal Reserve chairman Jerome Powell reiterated the central bank was in no hurry to stop supporting the economy and warned a slower recovery would keep rates lower for longer. The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, […]

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Credit Suisse CEO sees business ‘going in right direction’

© Reuters. FILE PHOTO: Logo of Swiss bank Credit Suisse is seen in Basel ZURICH (Reuters) – Business conditions are improving after a tough start to the year, Credit Suisse (S:) Chief Executive Thomas Gottstein said in a presentation released on Wednesday. “Those early indications that we have seen now in the last couple of […]

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