The Dow climbed and the dollar weakened early Monday following the news that President-elect Donald Trump has tapped Wall ...
Markets viewed Scott Bessent's appointment as Treasury Secretary positively.
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
Bessent, who runs macro hedge fund Key Square Group, has called for a gradual approach to implementing trade restrictions and ...
Trump has vowed to impose massive new tariffs, eyeing a duty of 10% to 20% on all foreign goods and 60% or higher on goods ...
While the US, with the dollar's dominant position in the global economy and the Federal Reserve's strong monetary policy ...
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The dollar recoiled from two-year highs on Monday, tracking a sharp decline in U.S. Treasury yields amid trust that Donald ...
Sterling was on track to snap a three-day losing streak on Monday, as the dollar's slide after the selection of fund manager ...
The dollar index was last at 107.22, down about 1% from its two-year high of 108.090 on Friday. The greenback dipped 0.3% ...
Domestic benchmark indices are expected to open positively with GIFT Nifty up 433.3 points. Asian stocks rose amid positive ...
By Nell Mackenzie and Tom Westbrook LONDON/SINGAPORE (Reuters) -World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might restrain debt ...