EUR / USD

Exchange rates

EURUSD

Real-time Estimate TTMZero 12:21:27 2026-02-10 pm EST			5-day change	1st Jan Change
1.1902 ^USD	-0.01%		+0.71%	+1.31%

Nov. 23	WEEKAHEAD-Indian rupee at risk of steeper losses, bonds to react to liquidity and growth data	RE
Nov. 23	Dollar steady, Thanksgiving looms as yen test	RE

Financials Down on Fed Fears -- Financials Roundup

Published on 04/21/2025 at 03:36 pm EDT - Modified on 04/21/2025 at 05:37 pm EDT

Dow Jones

EUR / USD

-0.01%

Financials Down on Fed Fears -- Financials Roundup

Shares of banks and other financial institutions fell amid fears about central bank independence.

President Trump renewed his call for the Federal Reserve to immediately cut interest rates to cushion the potential fallout from his trade war. "This is not to say that a politician can't make statements, 'I wish the Fed would do this or that,' but to outright go to war with them -- that just seems illogical to me," said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.

Credit-card lender Capital One's $35 billion acquisition of Discover got the greenlight from bank regulators, who noted the approval was conditional on the resolution of pending enforcement actions against Discover.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

04-21-25 1736ET

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