New York (Reuters) – The dollar index held near three-week lows on Monday as optimism over the possibility of a COVID-19 relief bill was curbed by concern over the pandemic while China’s yuan fell after the People’s Bank of China (PBOC) changed its reserve requirements policy. FILE PHOTO: Chinese yuan […]
Dollar
Canadian dollar, ‘super-charged’ by jobs data, posts one-month high
By Fergal Smith TORONTO (Reuters) – The Canadian dollar strengthened against its U.S. counterpart on Friday to notch its biggest weekly advance in four months, driven by domestic data showing a faster pace of job gains and rising hopes of U.S. stimulus that boosted Wall Street. Canada added 378,200 jobs […]
PRECIOUS-Gold eases as dollar strength, delay in U.S. stimulus weigh
Oct 12 (Reuters) – Gold prices edged lower on Monday, after hitting a three-week high earlier in the session, as the dollar firmed and talks over a new U.S. stimulus package ran into resistance. FUNDAMENTALS * Spot gold fell 0.2% to $1,925.29 per ounce by 0046 GMT, after hitting its […]
Dollar Tree To Hire 25,000; Other Companies Hiring For Holiday Season
KEY POINTS Dollar Tree’s annual hiring event to kick off on Oct. 19 Retailers like Walmart, Amazon announced hiring plans in September This holiday season crucial for retailers to rake in maximum profits Dollar Tree is preparing to fill as many as 25,000 full- and part-time vacancies in its annual hiring […]
Don’t bet against the dollar
Some things never seem to change. Every time the U.S. dollar experiences a short bout of weakness, a host of leading economists come out of the woodwork to predict the impending end of the dollar’s long reign as the world’s leading international reserve currency. They do so only to be […]
Election jitters, Trump health keep dollar in tight range
LONDON (Reuters) – The dollar index slipped on Monday and riskier currencies gained, as financial markets waited for news about U.S. President Donald Trump’s health and developments in fiscal aid talks in Washington. FILE PHOTO: George Washington is seen with printed medical mask on the one dollar banknote in this […]
Dollar Holds Tight Ranges as Investors Await News on Trump’s Health | Investing News
TOKYO (Reuters) – The dollar clung to familiar ranges on Monday as financial markets awaited news on the health of U.S. President Donald Trump, who last week tested positive for the coronavirus, sending investors into safe-haven assets. Risk-sensitive markets such as stocks rallied in early Asian trade after Trump made […]
Canadian Dollar Seen Higher if Commodity Prices Rebound: Reuters Poll | Investing News
TORONTO (Reuters) – The Canadian dollar is set to gain more than 2% against its U.S. counterpart in a year as an expected recovery in the global economy from the coronavirus crisis improves the outlook for commodity prices, a Reuters poll showed. The loonie is expected to strengthen 0.6% to […]
Dollar falters against most majors on U.S. stimulus hopes
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell against most currencies in choppy trading on Wednesday, as risk sentiment improved on renewed hopes for another stimulus package that could help ease the economic pain of the coronavirus-induced recession. FILE PHOTO: U.S. dollar notes are seen in this November […]
Mask manufacturer bringing 220 jobs, $25 million dollar investment to Wilson County
LEBANON, Tenn. (WKRN) — Yet another business is choosing to grow it’s operations in Wilson County. On Tuesday, Moldex-Metric, Inc. officials announced it will be expanding N-95 mask manufacturing operations on a 21-acre property in Lebanon. “It’s a special blessing to have this company in this season in this day […]
Canadian dollar dips as investors wait for cheaper buying level
By Fergal Smith TORONTO (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Tuesday as oil prices fell and investors waited for the currency to extend this month’s decline before stepping in to buy it, with the loonie sticking to its recent trading range. The loonie <CAD=> […]
Dollar edges up ahead of U.S. presidential debate; Aussie and Kiwi firm
LONDON (Reuters) – The dollar edged up on Tuesday, still close to 2-month highs, as markets awaited the first debate between the U.S. presidential candidates, signs of progress in U.S. fiscal stimulus talks and economic data, including German inflation. After racking up its biggest weekly gains since early April last […]
The Bearish Trend In The Dollar Remains Intact – Lower Levels Ahead – UDN Moves Higher As The Dollar Index Falls (NYSEARCA:UDN)
On Monday, September 21, the US dollar index experienced the most significant rally in weeks. The index not only bounced higher, but it also put in a bullish reversal on the daily chart. The dollar index traded to a marginally lower level than on September 18 and closed well above […]
Gold slides 3% on strong dollar, stimulus concerns; silver tumbles
By Arundhati Sarkar (Reuters) – Gold slumped over 3% on Monday, sliding to its lowest level in more than a month, as a broader market sell-off driven by uncertainty over more U.S. fiscal stimulus pressured the precious complex along with a stronger dollar. Silver plunged 8.3% to $24.53 as of […]
Innovation Park To Get Multi-Million Dollar Lab Space For Tech Incubator
Innovation Park in Leon County is a step closer to building a new 40-thousand square-foot building that will eventually serve as a high-tech business incubator. The federal government has given more than $10 million to the Leon County Research and Development authority. “As we emerge from the devastation COVID-19, more […]
Schneider Electric announces multi-million dollar investment in machine learning tools and data science – Press Release
Schneider Electric announced the impact of a new multi-million dollar investment in machine learning tools and data science. This investment brings AI-assisted advising to its energy and sustainability services offer, giving its clients access to next-generation digital tools. This improves the insights and analysis of a company’s energy and sustainability portfolio, […]
Canadian dollar weakens for 2nd straight week as stocks fall
(Adds strategist’s quotes and details throughout; updates prices) * Canadian dollar falls 0.2% against greenback * Canadian retail sales rise 0.6% in July * Price of U.S. oil settles 0.3% higher * Canadian bond yields edge higher across the curve By Fergal Smith TORONTO, Sept 18 (Reuters) – The Canadian […]
Dollar falls against the yen, sterling dips on COVID worries
By Sinéad Carew NEW YORK, Sept 18 (Reuters) – The U.S. dollar lost ground to the Japan’s yen for the fifth straight day and the yen was at a seven-week high against the greenback on Friday as investors sought safety amid concerns about a resurgence in coronavirus cases in Europe […]
New Partners Move Discovery Park of America Closer to One Million Dollar Goal for New Exhibit on Innovation in Agriculture
New organizations working with Discovery Park on the exhibit include Agrela Ecosystems, Babylon Micro-Farms, Bayer Fund, Blue Steel Tool, Inc., Donald Danforth Plant Science Center, EarthSense, GroGuru, SwineTech, Syngenta, Tennessee Pork Producers, Tennessee Valley Authority and the USDA Rural Development U.S. Department of Agriculture. More than 50 individuals have also signed […]
Global stocks rally as COVID-19 vaccines lift hope, dollar eases
By Herbert Lash NEW YORK (Reuters) – The dollar weakened and world stock markets rallied on Monday on encouraging signs of progress in developing a COVID-19 vaccine, while several multi-billion dollar deals also helped lift the spirit of investors after the downdraft in the past two weeks. Gold jumped almost […]