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Dollar Pares Gains After Fed Policy Announcement

After climbing higher in the European session and holding firm till well past noon on Wednesday, the U.S. dollar pared gains after the Federal Reserve left interest rates unchanged and signaled a few rate cuts this year.Original Article Read More →

China Keeps Key Lending Rates Unchanged

China's central bank left its loan prime rates unchanged on Wednesday, as widely expected, as authorities monitor developments in the housing market and credit growth. The People's Bank of China kept the five-year loan prime rate at 3.95 percent after Read More →

U.S. Housing Starts Rebound 10.7% In February, More Than Expected

A report released by the Commerce Department on Tuesday showed a substantial rebound in new residential construction in the U.S. in the month of February. The Commerce Department said housing starts spiked by 10.7 percent to an annual rate of Read More →

Dollar Rises Against Major Currencies Ahead Of Fed Policy Meet

The U.S. dollar climbed higher on Monday, gaining against most of its major counterparts, ahead of the Federal Reserve's monetary policy meeting, which gets underway on Tuesday. The Bank of Japan, the Bank of England, the Reserve Bank of Australia, Read More →

U.S. Import Prices Rise 0.3% In February, In Line With Estimates

A report released by the Labor Department on Friday showed import prices in the U.S. increased in line with economist estimates in the month of February. The Labor Department said import prices rose by 0.3 percent in February after climbing Read More →

New York Manufacturing Index Indicates Significantly Accelerated Contraction In March

New York manufacturing activity has contracted at a significantly accelerated rate in the month of March, according to a report released by the Federal Reserve Bank of New York on Friday. The New York Fed said its general business conditions Read More →