Federal Reserve
91 articles
US Treasury Shelves Harriet Tubman Twenty Dollar Bill Redesign
Plans to put Harriet Tubman on the twenty dollar bill have been shelved. The Treasury now targets 2030 for any major redesign, keeping Andrew Jackson on the note for the foreseeable future.
New US banknotes hit wallets as collectors hunt for rare varieties
Fresh US banknotes with new signatures and subtle design changes are now in circulation. Collectors are zeroing in on small-size notes, hoping to spot the next big rarity.
US dollar slips after weak jobs report shakes rate hike bets
A weaker-than-expected US jobs report sent the dollar down against the pound, euro, and Australian dollar, raising doubts about the Federal Reserve's next move and rattling global currency markets.
US Dollar Holds Firm as Fed Faces Jobs Data Test
The US jobs report could force the Federal Reserve's hand. Big banks are split on whether slower hiring and wage growth will be enough to stop more rate hikes. The Dollar is still holding strong.
Euro slips as energy and French debt risks overshadow ECB policy
Rabobank is set to lower its EUR/USD forecasts. Europe's energy needs and France's rising debt keep the Euro under pressure, even as the ECB raises rates.
Euro Holds Ground as Deutsche Bank Rejects Dollar Breakout
Deutsche Bank is sticking to its year-end euro dollar forecast, even as the euro faces pressure. The bank cites steady global growth and limited US rate hikes as reasons to expect the euro to stay in its usual range.
Canadian dollar faces tough road as US rate gap and trade strains linger
CIBC Capital Markets warns the Canadian dollar will stay weak as US-Canada rate differences grow and trade friction drags on. Relief for CAD may not come until 2027, according to new forecasts.
Pound Sterling slides further as dollar gains strength
The British Pound has broken through key support against the US Dollar. Lloyds says a real recovery will take more than a short-term bounce, as bets on more Federal Reserve tightening grow.
US dollar stays strong as oil price slide fails to shake Fed outlook
The US dollar keeps its edge despite oil prices dropping below key levels. Analysts say Federal Reserve policy is still the main force in currency markets, while the euro struggles as central bank paths diverge.
Euro slips as Rabobank cuts short-term forecast against dollar
Rabobank now sees the euro dropping to 1.14 against the US dollar within a month. The bank points to steady Fed rate hike bets and ongoing geopolitical risks, but says a rebound to 1.16 is possible if US tightening slows.
Euro stuck near lows as US rate edge grows
The euro can't shake off losses after the US Federal Reserve's latest rate hike. Softer ECB outlook and a shrinking yield gap are making it tough for EUR/USD to bounce back.
Enova abandons Grasshopper Bank deal after regulatory impasse
Enova has called off its $369 million bid for Grasshopper Bancorp, withdrawing regulatory applications and signaling a move away from pursuing a bank holding company charter. The decision spotlights persistent regulatory uncertainty for nonbank lenders seeking entry into the banking sector.
UBS Reopens Long Euro-Dollar Trade as Central Bank Moves Shift Market Outlook
UBS has re-entered a long EUR/USD position at 1.1475, aiming for 1.17 with a stop at 1.13, citing central bank policy changes as the main reason for its renewed trade.
Kansas City $5,000 Bill Emerges: Only Two Known to Exist
A 1928 $5,000 Federal Reserve Note from Kansas City, one of just two known examples, is headed to auction at GreatCollections. Its appearance highlights how nearly all high-denomination US currency has disappeared from circulation.
Digital Dollar Plans Face Resistance Over Privacy and Control Fears
As the EU advances its digital euro and the US debates a digital dollar, concerns over surveillance, spending restrictions, and the end of physical cash are fueling public and political pushback
No New Two Dollar Bills as US Shifts Focus to Security Upgrades
The Bureau of Engraving and Printing will not produce any new $2 bills in 2026, prioritizing advanced security features and new tactile elements for other denominations instead. Collectors and cash users will see the $2 note sidelined as modernization accelerates.
US House Votes to End Circulating Pennies After 232 Years
The US House has passed a bill to stop making pennies for everyday use, shifting the one-cent coin to collector-only status. The measure keeps the penny as legal tender, introduces new cash rounding rules, and allows for changes to the nickel's composition.
Dollar Stalls Despite Fed Rate Hike Bets as Market Doubts Persist
Despite strong expectations for further Federal Reserve rate hikes, Bank of America forecasts the US dollar will remain rangebound through the end of the year as mixed policy signals and global repricing undermine its momentum
Dollar Index Rises as Central Banks Signal Rate Moves
The US dollar has reached its highest point in nearly two weeks as traders anticipate a Federal Reserve rate hike. Oil supply disruptions and persistent inflation are reshaping currency markets ahead of major central bank meetings.
Euro-Dollar Exchange Rate Faces Crucial Test After Fed Decision
The euro may approach its summer highs if the Federal Reserve signals a softer stance, but ongoing geopolitical and energy risks could limit the dollar's decline and keep the EUR/USD outlook uncertain.
Swiss Franc Slips as Dollar Gains Ahead of Fed Meeting
The Swiss Franc is under pressure as the US Dollar strengthens before the Federal Reserve's September meeting, with investors watching for a possible rate hike and shifting global yields.
Pound Sterling Slides as Global Bond Yields Hit Multi Year Highs
The Pound Sterling fell to its lowest level since August against the US Dollar as a global bond selloff pushed yields higher and renewed expectations of a Federal Reserve rate hike. UK government borrowing costs surged, raising new fiscal risks.
Yen Faces New Pressure as Bank of Japan Rate Hike Decision Nears
The Japanese yen's next move hinges on the Bank of Japan's rate decision and the voting split among key policymakers, with US Federal Reserve actions and political influence adding further uncertainty to the currency's outlook.
US Treasury Yields Approach Five Percent as Debt Costs Reshape Markets
The US 10-year Treasury yield is nearing five percent, intensifying scrutiny of government debt, corporate financing, and the sustainability of stock valuations as investors weigh the impact of higher real rates and persistent fiscal deficits
Pound Sterling Faces Renewed Pressure as US Jobs Data Shifts Dollar Outlook
A sharp US jobs surprise has tilted the pound-to-dollar exchange rate toward further losses, with technical signals and policy risks now pointing to a possible retreat toward the 100-day average. Here is what is driving the shift and what to watch next
Page 1 of 4