Federal Reserve (Fed) Governor Michael Barr spoke at a virtual event for Fed Communities on Thursday, where he claimed that it is becoming increasingly difficult for those who are less well-off to save. Barr added that the low hiring rates in a low-hire, low-fire environment may indicate some impact of AI adoption in certain sectors.
Key takeaways
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.45% | -0.49% | -0.72% | 0.10% | 0.50% | 0.55% | -0.40% | |
| EUR | 0.45% | -0.04% | -0.28% | 0.55% | 0.96% | 1.01% | 0.05% | |
| GBP | 0.49% | 0.04% | -0.24% | 0.59% | 1.00% | 1.05% | 0.09% | |
| JPY | 0.72% | 0.28% | 0.24% | 0.83% | 1.25% | 1.27% | 0.34% | |
| CAD | -0.10% | -0.55% | -0.59% | -0.83% | 0.41% | 0.45% | -0.50% | |
| AUD | -0.50% | -0.96% | -1.00% | -1.25% | -0.41% | 0.05% | -0.90% | |
| NZD | -0.55% | -1.01% | -1.05% | -1.27% | -0.45% | -0.05% | -0.95% | |
| CHF | 0.40% | -0.05% | -0.09% | -0.34% | 0.50% | 0.90% | 0.95% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Source: https://www.fxstreet.com/news/feds-barr-the-fed-must-pay-attention-to-ensuring-that-the-job-market-is-solid-202511061707
