Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times.

Uncovered interest parity (UIP) has been almost universally rejected in studies of exchange rate movements. In contrast to previous studies, which have used shorthorizon data, we test UIP using ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

On Wednesday, the U.S. Federal Reserve left interest rates between 4.25% and 4.5%— despite previous rate cuts in the last three meetings — in light of macroeconomic conditions.