At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% lower to 97.957, on track for a weekly loss of around 1%.

Trump's only near-term opportunity to bring in an outsider to lead the central bank may come at the end of January.

Miran, who has served as chair of the US Council of Economic Advisers (CEA) since March 2025, also briefly worked for the first Trump administration, serving as an economic adviser to the US Treasury ...

President Trump has selected White House Council of Economic Advisers Chair Stephen Miran to replace Adriana Kugler on the ...

Here's what investors are watching on Friday, Aug. 8. US stock futures (ES=F, NQ=F, YM=F) inch higher ahead of Friday's ...

The dollar rose and strengthened against the euro and the yen, bouncing back from the decline that followed Trump’s pick of Stephen Miran for the Fed vacancy.

US President Donald Trump announced Thursday he had chosen Stephen Miran, chair of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until Jan. 31, 2026.

Sterling hovered near a two-week high, clinging to Thursday's sharp gains as the Bank of England cut interest rates but only after a narrow 5-4 vote, which showed the central bank's easing bias lacked ...

Dubai's main index rebounded on Friday, recovering from two sessions of losses with the index settling 0.3% higher ...

Photo: Alamy President Donald Trump has nominated Stephen Miran, chairman of the White House Council of Economic Advisers, to ...

Trump has nominated a top economic adviser to the Federal Reserve's board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment.