The euro surged almost 1 percent against the dollar on Tuesday after European Central Bank President Mario Draghi opened the door to tweaks that might begin to reduce the Bank's emergency stimulus to the economy shortly.
Sterling fell almost half a percent against a broadly stronger euro on Tuesday, a tightening of capital controls on banks offering only brief support given competing interpretations of what it means for interest rates and growth going forward.
WASHINGTON (Reuters) - The International Monetary Fund said on Tuesday it had cut its growth forecasts for the U.S. economy to 2.1 percent in 2017 and 2018, dropping its assumption that the Trump administration's tax cut and fiscal spending plans would boost growth.
Google lost its biggest regulatory battle yet, getting a record 2.4 billion-euro ($2.7 billion) fine from European Union enforcers who say the search-engine giant skewed results to thwart smaller shopping search services.
Next trading day's important events
- USDJPY: 112.05
- EURUSD: 112.05
- S&P 500: 2436.70
- NASDAQ: 6224.84