FOREX-Dollar hovers near two-decade high before inflation gauge

The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key reading on inflation that should provide clues on how aggressive the Federal Reserve will…

FOREX-Dollar holds near 20-year high, euro struggles

The dollar held near a 20-year high on Monday as the euro struggled around the $1.05 mark, as investors prepared for a busy week of central bank meetings including a…

Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan

NEW YORK, April 28 (Reuters) – The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled down on its dovish policy, sending the yen…

FSU finance expert: Fed had to respond to high inflation

William Christiansen, longtime chair of the finance department in Florida State University’s College of Business. Soaring inflation and its threat to the U.S. economy gave the Federal Reserve no choice…