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
Dodgers’ Shohei Ohtani wins unanimous third MVP, first in the NL after 50-50 season - The Athletic The AthleticUnanimous yet again: Ohtani wins third career MVP Award MLB.comOhtani again wins MVP and Japanese newspapers print more special editions to mark history The Associated PressAaron Judge's second MVP puts Yankees slugger in historic company, even without a World Series ring CBS SportsPlaschke: Most Valuable Ever!
Colorado homes for sale are at their highest levels in over a decade.
According to the October Market Trends Housing Report from the Colorado Association of Realtors, with 3.5 months’ supply in the seven-county Denver metro area, active home listings are up 14% year-over-year. Statewide, with 3.8 months’ supply, active listings are up nearly 17%.
“While Denver has consistently been characterized as a seller’s market throughout recent years, current trends indicate a moderate shift toward a buyer’s market this winter season,” said Cooper Thayer, a broker associate with the Thayer Group in Castle Rock.
Despite the increased inventory, prices remain near record highs, with the median price for single-family homes at $583,000 and condos/townhomes at $425,000.
The percentage of list price received continues to hover around 98% statewide.
With more homes available, Thayer encourages sellers to highlight features that set their properties apart in their listings.
“Today’s homebuyers have much more time to make decisions and negotiate and are spending a higher percentage of their income on housing costs, driving them to be much more cost-conscious,” he said.
“The most successful listings today are those that are more unique and/or put in more preparation work than comparable properties on the market.
Belleville QB Bryce Underwood, No. 1 national recruit, flips commitment to Michigan Detroit NewsBryce Underwood's flip from LSU to Michigan sinks Brian Kelly's third season to further levels of catastrophe CBS SportsQB Bryce Underwood flips to Michigan: What the Wolverines are getting ESPNBryce Underwood flips to Michigan: What it means for LSU, the Wolverines and CFB's revenue-sharing future 247Sports'And just like that we're back!': Bryce Underwood's flip has Michigan fans going berserk Detroit Free Press
Astronomers take first close-up picture of a star outside our galaxy Phys.orgFirst Close-Up of Star Outside Our Galaxy Shows a Giant About to Blow The New York TimesAstronomers take the first close-up picture of a star outside our galaxy ESO.orgFirst close-up image of a star outside Milky Way shows supergiant in ‘cocoon’ The GuardianStar imaged in detail outside the Milky Way for the 1st time (image, video) Space.com