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Investors expect greenback to depreciate over next 12 months, according to BofA research

European and US markets fall sharply as investors react to trade broadside

US currency cuts some of its losses after president-elect denies that campaign pledge will be watered down

US Treasury yields slip after hitting 16-year high in the previous session

US president also says he would like to see interest rates to fall ‘a lot’

US bond yields drop as hedge fund manager nominated for top economic position

Discount retailer says low-income households feel more ‘financially constrained’ than six months ago

Pound falls 0.5% to new 14-month low and Asian equities decline