US dollar caught in Fed, ECB cross-fire

By Emily Kaiser WASHINGTON, March 17 (Reuters) – The U.S. Federal Reserve is poised to cut interest rates again this week while the European Central Bank remains on hold for a while,

Trichet says disorderly FX moves undesirable

European Central Bank President Jean-Claude Trichet said disorderly swings in currencies were undesirable, according to an interview with a French magazine. “In the present circumstances, I am concerned by excessive exchange rate