Monthly Archives: September 2013

The dollar slipped further against the euro Thursday after Wednesday's sharp loss on the Federal Reserve's decision not to cut its stimulus. But the greenback rebounded against the yen and the British pound as markets digested the fallout from the shock Fed decision. At about 2300 GMT, the euro was at $1.3534, compared to $1.3536 on Wednesday. The...

(Reuters) - President Barack Obama challenged the U.S. Congress on Friday to approve an increase in the U.S. debt ceiling or else the United States will be unable to pay its bills and then, "We're deadbeats." Obama scolded Republicans for trying to gut funding for his signature healthcare law in exchange for a debt limit increase...

(Reuters) - Banks will return 7.91 billion euros ($10.71 billion) of crisis loans early to the European Central Bank next week, the ECB said on Friday, driving the amount of excess liquidity down and closer to the threshold where market interest rates could rise. By repaying the ECB's crisis funds early, banks also reduce the level of excess...