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.

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 ...

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

The nominee Stephen Miran wants sweeping reforms to the Fed – and a long-term strategy that weakens the US dollar to reduce ...

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.