By David Henry NEW YORK (Reuters) – The dollar steadied on Tuesday amid a mix of gains and losses against major currencies as interest rates in the United States moved in a tight range and the outlook for vaccinations in Europe...
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Morningstar presses court to dismiss SEC’s mortgage ratings lawsuit
By Chris Prentice WASHINGTON (Reuters) – Ratings and research firm Morningstar Inc has asked a New York judge to dismiss a lawsuit filed by the top U.S. securities regulator over ratings of commercial mortgage-backed securities,...
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Dollar slumps to 6-week low with all eyes on interest rate moves
By David Henry NEW YORK (Reuters) -The dollar slumped to a six-week low against other major currencies on Monday as markets sorted out the plunge in U.S. Treasury yields last week after the Federal Reserve reiterated that any spike in...
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Canada’s budget to include pandemic and childcare supports, luxury tax
By Steve Scherer OTTAWA (Reuters) – Canada will present a budget on Monday with billions of dollars for pandemic recovery measures as COVID-19 infections skyrocket, C$2 billion ($1.6 billion) toward national childcare, and new taxes...
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Huawei defense to ask Canada court for delay in CFO’s extradition hearings
By Moira Warburton VANCOUVER (Reuters) – The defense team for Huawei’s chief financial officer, Meng Wanzhou, will ask a Canadian court to delay upcoming hearings in her U.S. extradition case, the court said on Friday....
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Dollar at 4-week low on retreating Treasury yields
By Saqib Iqbal Ahmed and Ritvik Carvalho NEW YORK (Reuters) -The dollar fell to a four-week low against a basket of currencies on Friday, still smarting from a sharp drop in U.S. Treasury yields the previous session, and as investors...
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