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Dollar inches higher after stalemate in pandemic aid talks

Dollar inches higher after stalemate in pandemic aid talks

By NEW YORK (Reuters) - The dollar edged higher while the euro gave up earlier gains on Tuesday in choppy trading, as risk appetite soured after a top U.S. Senate official said negotiations in Congress on an additional stimulus package for the virus pandemic have not progressed.Slideshow Other safe havens such as the yen and Swiss franc attracted some bids as well, as they cut their losses against the dollar.U.S. Senate Republican leader Mitch McConnell said White House negotiators have not spoken on Tuesday with Democratic leaders in Congress on coronavirus aid legislation after talks...

August 11, 2020
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Reuters | Breaking International News & Views

Reuters | Breaking International News & Views

United Kingdom LONDON (Reuters) - Sterling is beset by woes. The currency is struggling near its lowest levels in more than three decades, and a Brexit trade deal looks distant. Meanwhile it is grappling with the prospect of negative interest rates in Britain, a deep recession and a growing pile of debt. Talks between Britain and the European Union to nail down a trade deal have not gone well so far, with the clock ticking on a Brexit transition period that runs out at the end of the year. As if a potentially messy exit was not enough, the Bank of England could conceivably push interest...

May 27, 2020
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