Dollar slides to three-year low while FTSE 100 hits record high

Investors turn away from weakening US economy and erratic policy after Trump repeats tariff threatsThe dollar sank to its lowest level in more than three years on Thursday and the FTSE 100 closed at a record high as Donald Trump’s latest trade threats and the weakening economy appeared to bring forward interest rate cuts by the Federal Reserve.Foreign exchange traders sold the dollar in favour of the yen and the euro, which both climbed by about 1% against the US currency to leave it almost 10% down on its value against a basket of currencies since the beginning of the year. Continue reading...

Comments

World news

'It will only get worse': Trump warns next round of Israeli strikes on Iran will be 'more brutal'

washington times

Comments

Similar News

Ontario drops American banks from U.S.-dollar bond sale in first since 2011

60 minutes host issues dire warning over multimillion-dollar CBS settlement with Trump

How a multibillion dollar defence bank could help Canada increase its military spending

Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty

Metro Vancouver’s top executive’s salary now tops half a million dollars

Clearest vid yet of daring Op Spiderweb shows 35 Ukrainian bomb drones blowing up plane after multimillion dollar plane

US firms say Trump trade war is hitting production as dollar nears three-year low

Alberta RCMP seize drugs, guns, thousands of dollars in cash in Westlock

Fears Queensland is ‘closed for clean business’ as LNP cancels billion-dollar windfarm despite conditional approval

A Black father killed a cop after seeing his son shot dead in a police chase. People have donated tens of thousands of dollars to his cause

Argentina's Milei unveils bold plan to lure billions in undeclared dollars back home

Ontario’s debt to cross half-a-trillion dollars in 2027: Ford government budget

Trump’s multi-million-dollar birthday parade plans are underway. What to know as the military prepares

A bridge too far: Brisbane grapples with the multimillion-dollar cost of revitalising an icon

Amy Hamm: B.C. blows unknown tax dollars trying to lure anti-Trump nurses

Pam Bondi sold millions of dollars worth of Trump media shares on ‘Liberation Day’ – before the stock tanked

Unsafe Castledowns Pointe condo owners say they’re out thousands of dollars

Tears, trauma and a million-dollar necklace as defiant Kim Kardashian faces Paris robbery suspects

World news

'It will only get worse': Trump warns next round of Israeli strikes on Iran will be 'more brutal'

Air India's sole crash survivor narrates his escape

Activists stopped in Libya and Egypt ahead of planned march on Gaza

Air India crash: The 4 main theories for what caused disaster that left hundreds dead

Gibraltar deal risks emboldening Argentina Falklands plot, warns Simon Weston

Inside Trump and Pentagon’s plan to take Greenland by force - ‘we’ll do it if necessary’

'I'm stranded in Israel by the strikes on Iran but want to get home to Ukraine'

Israel's strike on Iran and the four outcomes Benjamin Netanyahu just gambled on

Israel's Iran strikes could have knock-on effect for Putin and North Korea

Austrian school shooter shared chilling selfie before massacring 10 in classrooms

Air India plane crash investigators make huge announcement about search

'I was on the Air India plane hours before it crashed – I noticed something unusual'

Israel's Iran strike is 'most dangerous yet' – why that's humiliating for Trump

Trump demands a ‘Thank You’ from Newsom after appeals court delays bid to boot military from Los Angeles

Why anti-ICE protests are spreading across the US

Middle school teacher found guilty of giving marijuana-laced brownies to sixth graders

Long-distance stray: Cat stows away in shipping container from China to Minnesota for three-week journey

Why Israel and Iran’s escalation is unprecedented – and what it means for a teetering Middle East

Who were the top Iranian military commanders and nuclear scientists killed by Israel?

Israel-Iran: A timeline of hostilities between the two nations as tensions rise in the Middle East

Disorder breaks out at New Jersey immigration detention center

Passenger on Air India plane shares video of ‘nothing working’ hours before crash

Why is Israel attacking Iran? Tensions in the Middle East escalate

A severe tropical storm heads for southern China

Iran vs Israel: who has the strongest military?

Lost world discovered beneath ice in Antarctica after 34,000,000 years

Army aims to build, repair drones 'in-house' as 3D-printing revolution accelerates

I've flown with Air India 20 times - it's often chaos but their planes are safe

Israel strikes on Iran could have a surprise side effect – and it's good for Ukraine

Trump breaks silence on Israel-Iran strikes: 'They're all dead now'

Sea turns red with blood as dozens of dolphins slaughtered to death in hunt

Insane moment Ukraine Air Force wipes out Russian positions in ruthless bombing attack

Meta sues deepfake ‘nudify’ app which uses AI to remove clothing from photos

Florida sheriff warns protesters ahead of nationwide rallies: ‘We will kill you dead’

Nightclub owner arrested following deadly roof collapse which killed 236 people

Pope confirms when millennial saint Carlo Acutis will be canonised

Mapped: the 40 cities where anti-ICE protests have erupted across the US

Calls grow for Kristi Noem to resign in the wake of Padilla incident

What to know about Israel's major attack on Iran

Diddy trial live: New witness to take stand after ‘Jane’ ends testimony on Vegas trip with mystery rapper

Air India flight forced into emergency landing after bomb threat

OPINION - Israel's strike on Iran will have perilous consequences for us all

Mongolia gets a new prime minister who pledged to address the economic demands of protesters

First millennial saint Carlo Acutis will be canonized Sept. 7, the pope says

Earthquakes damage centuries-old monasteries in a secluded religious community in Greece

Legion of Christ priest arrested in Mexico City airport on rape charge for alleged abuse of a minor

North Korea says repaired destroyer has launched, a claim met with outside skepticism

What to know about Iran's nuclear sites

What to know about the Group of Seven summit in Canada that Trump will attend

More great whites are visiting N.S. beaches. Is it time for a shark warning system like Cape Cod's?

Landlords to make £750m profits from taxpayer for housing asylum seekers

Trump’s humiliation is complete – his strongman image is in tatters

I am battling a bout of gout – it’s no joke

Trooping the Colour 2025: Full route, timings, how to watch and which royals will attend

Why has Israel attacked Iran? Understand the conflict in three minutes

I miss being able to run back to my parents’ home when life goes tits-up

Yung Filly faces further sexual assault charges in Australia

Who were the Iranian military chiefs and nuclear scientists killed by Israel?

Only survivor of Air India plane crash thought he was 'going to die'