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Rich Asplund

Dollar Falls to a 6-Week Low on Dovish Powell Comment

Powell US Federal Reserve ECB BOJ Deficit Gold Inflation LAGARDE

The dollar index (DXY00) on Thursday fell by -0.52% and posted a 6-week low. The dollar was undercut after Fed Chair Powell said that the Fed is “not far” from the confidence needed to cut rates. The dollar was also undercut by Thursday’s weak productivity and trade deficit reports. Also, strength in stocks Thursday reduced liquidity demand for the dollar.

U.S. weekly initial unemployment claims were unchanged at 217,000, close to expectations of 216,000.

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Appeals court reverses convictions in kidnapping and terrorism case involving 3-year-old boy's death

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Top stories on inkl right now

Flight attendants' union flags safety concerns over Trump's Washington arch

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The union representing flight attendants has raised safety concerns about President Donald Trump's proposed triumphal arch near Ronald Reagan Washington National Airport

The Independent UK

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Judge orders officials to preserve all evidence tied to Christa Pike’s botched execution

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The Guardian - US

Venezuelans in South Florida Demand End ICE Partnership as Immigration Crackdown Fuels Midterm Backlash

Venezuelans in South Florida Demand End ICE Partnership as Immigration Crackdown Fuels Midterm Backlash

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Appeals court reverses convictions in kidnapping and terrorism case involving 3-year-old boy's death

Appeals court reverses convictions in kidnapping and terrorism case involving 3-year-old boy's death

A federal appeals court has vacated kidnapping convictions in a case involving the death of a 3-year-old boy who went missing from Georgia in 2017 and later turned up dead at a squalid compound in New Mexico

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