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Dollar slips in choppy trading as traders grapple with Fed's giant rate cut

The U.S. dollar slipped in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut, as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.

USA TODAY on MSN · 1d

The Fed rate cut affects the US dollar. Should international travelers worry?

The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there's no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.

Marketplace · 4d

With the Fed set to cut interest rates, the dollar is losing a bit of its shine with foreign investors

The effect of a declining dollar is likely to be subdued, said economist Eswar Prasad, since other nations are seeing weak economic growth.

Dollar, yen and BOJ

Reuters on MSN · 11h

Dollar firms against yen after BOJ cautious tone over rate hikes

The dollar strengthened against the yen on Friday after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry to hike them again. The BoJ could afford to spend time eyeing the fallout from global economic uncertainties,

Honolulu Star-Advertiser · 9h

Dollar gains against yen after BOJ holds cautious stance

NEW YORK/LONDON >> The dollar strengthened against the yen today after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry to hike them again.

Republic Business on MSN · 7h

Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes

The dollar strengthened against the yen on Friday, hitting its highest level in two weeks, after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry to hike them again.

3don MSN

The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says

Though Treasurys are attractive for their safe-haven repute, several analysts voiced concern that this is at risk. US ...

3don MSN

Dollar Tree Stock: Could Cutting Losses on Its Decade-Old Gamble Reignite Shares?

Another point to consider is Dollar General's ( DG 1.18%) outperformance since the July 6, 2015, acquisition. It's Dollar ...

Multimillion dollar Hollywood Hills mansion turned into eyesore by squatters, taggers

An abandoned mansion near the Universal City Overlook has turned into an eyesore after taggers and squatters discovered the property. Credit: KTTV ...

Dave Grohl's Wife Reportedly Offered Multi-Million Dollar Deal For Tell-All Book About Her Marriage

Dave Grohl's wife, Jordyn Blum, is reportedly considering a multimillion-dollar deal for a tell-all book after her husband's ...

All the fancy dinnerware items we found at Dollar Tree, starting at just $1.25 apiece

You might think of Dollar Tree as a place to scoop up wallet-friendly gifting essentials, party supplies and the occasional ...

16h

Publix in Florida, Kroger in Michigan sold winning billion-dollar Powerball, Mega Millions tickets

Coincidence? Of the 11 times a lottery jackpot hit $1 billion, 2 winning tickets were sold from a beachtown Publix in Florida, for $1.58 billion prize ...

The Fed's Bold Move Jolts Global Markets

Overseas stocks rallied and currencies strengthened against the dollar after the Federal Reserve kicked off its rate-cutting ...

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