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Dollar hits six-week low as traders prepare for Powell

The dollar touched its lowest since Jan. 13 on Tuesday as investors shifted focus to how U.S. Federal Reserve chief Jerome Powell might respond to expectations of resurgent inflation, while commodity-linked currencies hovered near multi-year highs.

European shares fall on bleak earnings; HSBC slips | Hellenic Shipping News Worldwide

European shares reversed early gains to trade lower on Tuesday as mixed corporate earnings updates overshadowed a boost from strong commodity prices, while British bank HSBC fell after abandoning its long-term profitability targets. HSBC Holdings dropped 1.5% after its annual profits fell sharply due to the COVID-19 pandemic, while it unveiled a revised strategy focused .

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