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Rich Asplund

Dollar Recovers Early Losses as T-note Yields Climb

BOJ United States US Federal Reserve Gold Sanae Takaichi GDP

The dollar index (DXY00) today is slightly higher due to stronger-than-expected US weekly jobless claims and Q2 GDP reports, hawkish factors for Fed policy that pushed T-note yields higher. Gains in the dollar are limited by strength in the Chinese yuan, which climbed to a 16-month high against the dollar after the government boosted stimulus measures. Also, today’s sharp rally in stocks has curbed liquidity demand for the dollar.

US weekly initial unemployment claims unexpectedly fell -4,000 to a 4-month low of 218,000, showing a stronger labor market than expectations of an increase to 223,000.

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Isaias Leaves More Than 390,000 Alabama and Florida Customers Without Power as Officials Warn About Generator Carbon Monoxide

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Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Hurricane Isaias has left nearly 396,000 customers without power across the Florida Panhandle and southern Alabama

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Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

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Isaias Leaves More Than 390,000 Alabama and Florida Customers Without Power as Officials Warn About Generator Carbon Monoxide

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Isaias left more than 390,000 Alabama and Florida customers without power. Health officials warn that generator carbon monoxide is a top danger during cleanup.

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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

Already a member? Sign in here

Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Hurricane Isaias has left nearly 396,000 customers without power across the Florida Panhandle and southern Alabama

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Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Questions arose about ICE's legal limits.

We Got This Covered

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