Central banks around the world are tightening in concert with the FOMC.
Global markets are mostly higher, cheered by positive reports on manufacturing in Japan and Europe
US consumer spending rose a sluggish 0.1 percent in February, while inflation up at 5-year high
Jim Cramer and colleague Carley Garner discuss why the common currency appears to be preparing for a move higher.
The SEC's decision last week not to allow a Bitcoin-based ETF caused the digital currency to fall.
Pending approval of a bitcoin ETF sent the digital currency to new highs.
US consumers bullish in February as confidence climbs to highest level since 2001
The Standard & Poor's 500 index dipped, breaking a seven-day winning streak, its longest in three and a half years
There is strong potential to move up and retest the highs near 1.27 to 1.277 in the coming days.
The British Chambers of Commerce said Monday that the pound's decline since the country voted to leave the European Union is increasing costs and tightening margins for domestic companies.
It used to be that when America sneezed, the world would catch cold. Today, it's when Trump Tweets, the world catches its breath.
The sterling/dollar pairing should find buyers at about the 1.2430 level this week.
On the campaign trail, President Donald Trump vowed repeatedly to label China a currency manipulator on his first day in office.
The EUR/GBP weakened following British Prime Minister Theresa May's speech about Brexit.
The British currency has surged the most since May 2008 after Theresa May pledged to give parliament a vote on any final 'Brexit deal'.