The euro climbed in European markets on Thursday against a basket of global currencies, continuing its rebound from a two-week low against the US dollar. The rally was supported by reports of a potential trade agreement between the European Union and the United States. According to informed European sources speaking to Reuters, the EU may avoid receiving a tariff notice...

Minutes from the Federal Reserve's June meeting revealed a growing divide among officials over how aggressively to lower interest rates, as concerns over inflation from new trade tariffs clashed with signs of labor market weakness and continued economic strength. The minutes, released Wednesday from the Federal Open Market Committee (FOMC) meeting held on June 1718, showed that policymakers largely maintained...

The Japanese yen rose in Asian markets on Thursday, extending its gains for a second consecutive day against the US dollar. The rebound moved the yen further away from a two-week low, driven by renewed buying at lower levels and comments from Japanese officials regarding the currencys performance in the foreign exchange market. Expectations for a potential interest rate hike...

The US dollar edged lower on Thursday morning, pulling back from a two-week high against major peers, as traders appeared largely unfazed by President Donald Trumps newest round of tariff announcements. As of 04:20 Eastern Time (08:20 GMT), the US Dollar Indexwhich measures the currency against a basket of six major rivalswas down 0.1% at 97.107, after hitting its highest...