The US Dollar is in choppy trading ahead of President-elect Donald Trump’s inauguration. Trading floors in the US will remain closed due to Martin Luther King’s Day. The US Dollar Index (DXY) stays afloat near 109.00 with uncertainty ahead. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades roughly
Will Tax Cuts and Deregulation Weaken the Dollar? Trump’s proposed tax cuts and deregulation are designed to stimulate economic activity. However, these measures could expand the federal deficit, potentially weakening the U.S. dollar. When the dollar depreciates, gold tends to benefit as it becomes cheaper for investors using other currencies. Many market participants recall similar
Being able to buy and hold anything means you must own the right kinds of investments to begin with. If you’re looking for a more passive approach to investing but don’t want to sacrifice your potential gains, there’s an obvious solution — exchange-traded funds, or ETFs. These of course are pre-selected baskets of stocks bought
Live briefing: Three Israeli hostages and 90 Palestinians freed as Gaza ceasefire takes hold The Washington Post As Cease-Fire Takes Hold, Gazans Return to Destroyed Homes: Israel-Hamas War Live Updates The New York Times Gaza ceasefire brings hope but aid workers warn of major hurdles ahead CNN ‘Sunshine’: 3 Israeli hostages are free after 471 days in captivity.
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An Indian police volunteer has been sentenced to life in prison for the rape and murder of a junior doctor at the hospital where she worked in Kolkata, a crime that sparked nationwide protests and widespread hospital strikes last year. The court rejected demands for the death penalty, saying it was not a “rarest-of-rare” crime.
Fan Weiqu had rammed his car into a crowd, killing 35 people, while 21-year-old Xu Jiajin killed eight people and injured 17 in a stabbing attack. China has executed two men who committed deadly attacks that killed dozens in November, raising concerns about a surge in what are called “revenge on society crimes”, state media
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels have signaled they now will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships, just as a ceasefire in the Gaza Strip entered its second day Monday. The Houthis’ announcement, made in an email sent
When you think of startups like Uber or Airbnb that turned into large companies, wouldn’t it have been nice to invest in them during their early days? But unless you had access to the private market, that wasn’t an option. Ordinary investors — known as retail investors — are generally not permitted to invest in
Euro (EUR) is under mild downward pressure; it could dip below 1.0255 but is unlikely to reach the major support at 1.0220. In the longer run, further range trading is likely; decreasing volatility suggests a narrower range of 1.0220/1.0365, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is under mild downward