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Move designed to bolster exports makes the Brazilian real one of the world's biggest losers.

President of Dallas Fed would likely advocate for raising rates in June, except for concerns about whether the U.K. will stay in the EU.

President of Dallas Fed would likely advocate for raising rates in June, except for concerns about whether the U.K. will stay in the EU.

Hedge fund manager says this is a good year to bet on China, although some worry PBOC stimulus is creating a credit bubble that will eventually pop.

Fed statement cites labor market improvments and removes language suggesting economy continues to be at risk.

Fed statement cites labor market improvments and removes language suggesting economy continues to be at risk.