Dollar slides
By Monitoring Desk
February 28, 2019
NEW YORK: The dollar fell to a three-week low in choppy trading, as Federal Reserve Chairman Jerome Powell repeated that the US central bank would remain patient on monetary policy, suggesting it was unlikely to raise interest rates anytime soon, Reuters reported.
The currency initially inched higher as Powell stayed on script at a US Senate Banking Committee hearing on Tuesday, but it slipped in his question-and-answer session with US senators.
-
Microsoft Launches $2.5 Billion 'Frontier Company' To Accelerate Enterprise AI Adoption -
Kate Middleton Rubs Shoulders With Sports Icon At Wimbledon After William Joins King And Queen -
Royal Family Shares Rare Update As King Charles' Niece Celebrates Major Milestone -
Will ‘mysterious Figure’ Linked To Taylor Swift Attend Her Wedding? -
Why FDA Issued Salmonella Warning Over Potato Chips? -
Elle And Secret Connection To Reese Witherspoon’s Kids Revealed -
Starmer Apologizes To Families Affected By Decades Of Forced Adoption Of Policies -
Why Man City Broke The Bank To Sign Elliot Anderson -
Apple Hide My Email Bug Exposes Users' Real Email Addresses -
White House Prepares Voluntary Standards For Advanced AI Releases -
Europe On ‘red Alert’ As Wildfires Rage Across Southern France Amid Record Temperatures -
Taylor Swift And Travis Kelce Marriage: NYC Buzzes For ‘America’s Royal Wedding’ -
Most Americans Support Social Media Ban For Children Under 16, Survey Finds -
Trump Reignites NATO Spending Row With Sharp Criticism Of European Allies -
Empire State Building Couple Once Stunned World By Scaling Tallest Building After Burj Khalifa -
Details Of Sarah Ferguson's Emotional Reunion With Eugenie, Beatrice In Austria Come To Light