Dollar Hugs 13-Month Peak as Market Awaits Next Fed Cue TOKYO (Reuters) - The U.S. dollar stuck close to a 13-month high on Friday as investors assessed the outlook for the Federal Reserve's interest rate path and uncertainty in Europe kept the euro on the ... 11/21/2024 - 7:34 am | View Link
Dollar rises after claims data, bitcoin continues rally The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump's proposed policies and sought to second-guess the prospects of less aggressive ... 11/21/2024 - 6:42 am | View Link
Rupee hits record low hurt by weak local equities, buoyant dollar The Indian rupee weakened to its all-time low on Thursday, pressured by likely foreign outflows from local stocks and renewed strength in the dollar as investors trimmed hopes of aggressive rate cuts ... 11/20/2024 - 3:28 pm | View Link
Dollar Pulls Ahead as Markets Focus on Trump Policies, Fed Outlook The dollar has rallied more than 2% since the Nov. 5 U.S. presidential election on bets Trump's policies could reignite inflation and temper the Fed's future rate cuts. At the same time, traders are ... 11/20/2024 - 1:00 pm | View Link
Gold prices ease from one-week high as US dollar strengthens Gold prices eased from a one-week high on Wednesday as the dollar strengthened, though safe-haven demand linked to Russia-Ukraine tensions helped cap further losses. 11/20/2024 - 12:06 pm | View Link
EAFE Index Definition & Example Like all foreign funds, the dollar's fluctuations have an impact on the fund 's value. Remember, a weak dollar means that the stocks you hold, which are valued in foreign currencies, will command more dollars when they are sold. A weak dollar is good for dollar-based foreign investors. Why Does the EAFE Index Matter? 11/11/2024 - 9:31 pm | View Link
Purchasing Power Definition & Example Let's assume $1 bought 1.50 gallons of gas in 1987. Today, $1 buys about half a gallon. This is an example of the change in the purchasing power of the American dollar. Two general theories explain decreases in purchasing power. The first, the demand-pull theory, says prices increase when demand for goods and services exceeds their supply. 11/11/2024 - 7:12 am | View Link
Devaluation Definition & Example A currency 's devaluation is the result of a nation's monetary policy. A central bank can make the conscious effort to make its currency less valuable. If Country XYZ's currency is set at a fixed exchange rate of 2:1 to the U.S. dollar and, due to a weak economy, XYZ cannot afford to pay the interest rate on its debt outstanding, XYZ may ... 11/10/2024 - 8:21 pm | View Link
Weak Currency Definition & Example For example, if you needed 100 dollar bills to buy a gold coin yesterday, but today you need 110 dollar bills, the dollar is a weakening currency. Currency value is relative. A country with a strong economy tends to have a strong currency. It helps to remember that currency is a commodity, like orange juice or pork bellies. 11/10/2024 - 12:57 pm | View Link
With the Market in Chaos, What Should Investors Do Now? Make no mistake: it's bleak out there. But a host of positives are also in place, led by corporate profits, the health of the banking system, rising exports (thanks to a weak dollar) and still-low interest rates. As this market meltdown is of a different stripe than the market plunge of 2008/2009, then so is the game plan. 11/9/2024 - 2:31 pm | View Link
GREEN LAKE, Wis. — A Wisconsin man who faked his own drowning this summer so he could abandon his wife and three children has been communicating with authorities daily from Eastern Europe, even telling them how he did it, but has not committed to returning home, a sheriff said Thursday.
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Ryan Borgwardt has been talking with authorities since Nov.
A pedestrian was taken to the hospital Thursday afternoon after he was hit by a Regional Transportation District bus in Denver’s Washington Park neighborhood.
Denver police responded to the crash near South University Boulevard and East Florida Avenue at 3:43 p.m. The pedestrian was a male, but the department could not confirm his age Thursday night.
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His injuries did not appear serious but officers are still investigating the crash, said department spokesperson Sienna Riley.
RTD officials referred questions about the crash to the Denver Police Department.
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As the number grew on Janet Lowry’s GoFundMe page, the scope of her life came into focus just as it was ending.
Hundreds turned into thousands until more than 400 donations totaled a little under $100,000 — all in support of Janet and her husband, Columbine football coach Andy Lowry, as she neared the final days of a seven-year battle with cancer, much of which had been fought in private.
“I sure wish in my lifetime that I could pay it forward like these people have paid it to me,” longtime friend Monica Kellogg recalled Janet telling her.
In reality, the community was paying it back to her.
Janet died Nov.
Nik Bonitto is closing in on a major milestone.
On Sunday against the Raiders, Denver’s third-year edge rusher will need just one sack to become the first Bronco to record double-digit sacks in a single season since Von Miller and Bradley Chubb both did it in 2018. At nine sacks total, Bonitto’s tied for second-most in the league.
Head coach Sean Payton said part of the reason Bonitto has had an uptick in his numbers is because he is playing more snaps.
During a Week 9 blowout loss at Baltimore, Broncos defensive end Zach Allen noticed he was getting double-teamed more frequently.
Such is life when you’re as productive as Allen’s been through the first three months of the NFL season.
One differentiator between Allen’s first season in Denver and this one: He’s got a teammate on the defensive line capable of making offenses pay when they dedicate extra resources to him.
It’s not a coincidence, then, that John Franklin-Myers has two sacks in Denver’s past three games and has made more splash plays the more attention Allen’s commanded.
“If you’re rushing four and the center turns to Zach and he’s getting double-teamed, ‘JFM’ has had success,” defensive coordinator Vance Joseph said Thursday.
The Colorado State Patrol is increasing patrols for impaired driving for the Thanksgiving holiday starting today, according to an announcement from the Colorado Department of Transportation.
From Thursday, Nov. 21, to Wednesday, Dec. 4, the Colorado State Patrol and 75 local law enforcement agencies will increase road surveillance for dangerous driving during the Heat Is On Thanksgiving Week DUI enforcement period.