Forex- US Dollar Continues to Fall Against Other Currencies

Wads of U.S. Dollar banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna Austria

The Fed left its benchmark interest rates unchanged earlier this month, but did leave the door open for a December rate hike.

The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, dropped by 0.12% to 93.91.

The minutes, however, also highlighted concern among some of the members over the inflation outlook, with the emphasis placed on economic data in determining the timing of future rate rises. The pound gained 0.6 per cent to US$1.3325, hitting its strongest in nearly eight weeks.

FED: Minutes of the Fed's last meeting that ended November 1 showed that most officials generally believe that it'll soon be time for another increase in the Fed's key interest rate.

MS-13 gang member arrested for murder; victim stabbed over 100 times
They identified 19-year-old Miguel Angel Lopez-Abrego as one of the assailants and charged him with first-degree murder. They included a sweatshirt with the words "First United Methodist Church Laurel, Maryland" written on the left chest.

The Bloomberg dollar spot index fell to the lowest level since October and Treasuries added to gains, pushing the 10-year yield to 2.32 per cent. Volumes were low in U.S. equity trading ahead of the Thanksgiving holiday, with the S&P 500 Index closing down a tad below the 2,600 level that it breached for the first time Tuesday.

"The US dollar was already staggering into Thanksgiving when the FOMC minutes gave it another shove", said Sean Callow, a senior currency analyst at Westpac.

"Investors can be forgiven for wondering why they should buy more USA dollars if we are heading into a "Powell pause" in the first half of 2018", he added, referring to newly appointed Fed Chair Jerome Powell.

The euro was enjoying the view at $1.1834 after climbing from $1.1731 on Wednesday. The dollar index .dxy , which tracks the greenback against six major currencies, fell 0.75 percent, to its lowest since October 20. Ten-year U.S. Treasury yields have fallen this year from the end of 2016, even as the Federal Reserve has hiked interest rates three times since December.

Palestinian Authority announces election by the end of 2018
The declaration on Wednesday comes as Hamas and Fatah are making efforts to reconcile and reunite the West Bank and Gaza Strip. Hamas has controlled Gaza since ousting the Fatah-dominated PA in 2007 from the territory.

The Dow Jones Industrial Average fell 64.65 points, or 0.27 percent, to 23,526.18.

Spot gold was trading with an increase of 0.1 at $1,218.40 per ounce on earlier trading hours, while the US gold futures for December were also up on earlier trading by incremental amount before easing at a steady $1,281.30 on later trading. "That's just what happens when you have strong global growth is you get US dollar weakness".

Verizon and AT&T rose 2.0 percent and 1.6 percent respectively on bets they will benefit from the USA government's plan to rescind net neutrality rules put in place by the Obama administration.

Oil prices paused after hitting their highest in more than two years after the shutdown of one of the largest crude pipelines from Canada cut supply to the United States. It gained 75 cents, or 1.2 percent, to $63.32 a barrel.

Ronan O'Gara to join Crusaders as assistant coach
With our coaching group and playing squad now complete, I can't wait to get this 2018 season underway". A statement released by Racing on Wednesday confirmed O'Gara would be released at the end of December.

Related News:

  • LaVar Ball's 'Ball in the Family' Reality Show Announced for Season 2

    LaVar Ball's 'Ball in the Family' Reality Show Announced for Season 2

    If I was going to thank somebody, I probably would thank President Xi. "I would be surprised if they were even prosecuted". Embassy in Beijing was aware of the case, officials said. "Everybody wants to make it seem like he helped me out".
    Xbox Games With Gold for December go Back to the Future

    Xbox Games With Gold for December go Back to the Future

    On Xbox 360, starting December 1st, Child of Eden will be free for Xbox Live Gold members through December 15th. The YouTube video describing the games wasn't available yet, and the article itself has since been pulled.
    Be safe in the kitchen when cooking your holiday meal

    Be safe in the kitchen when cooking your holiday meal

    Make sure your turkey is completely thawed before you fry it. - Add oil to the fryer, but don't exceed the maximum fill line. The Bureau suggests the holiday is a good time to check household smoke and CO alarms, to ensure proper function.
  • Voting Begins For First Phase In 24 Districts

    Voting Begins For First Phase In 24 Districts

    The BJP had won 10 out of the 12 mayoral seats in 2012 local election when the BJP was not in power in the state or in Centre. The next two phases will be held on 26 and 29 Nov and the counting for all three phases will be done on 1 December .
    CM Shehbaz writes letter to Indian counterpart over smog

    CM Shehbaz writes letter to Indian counterpart over smog

    Many cities in both sides of Punjab have been blanketed by thick smog in recent weeks, with pollution affecting normal life.
    Investors Catching Stocks Time Warner Inc. (TWX)

    Investors Catching Stocks Time Warner Inc. (TWX)

    Time Warner Inc. (NYSE: TWX ) for the trailing twelve months paying dividend with the payout ratio of 40.04% to its shareholders. Aspiriant Llc decreased its stake in Realty Income Corp (O) by 72.2% based on its latest 2017Q2 regulatory filing with the SEC.
  • Senator: White House Economic Advisor Gary Cohn Hung Up On Trump

    Senator: White House Economic Advisor Gary Cohn Hung Up On Trump

    Former White House chief strategist Steve Bannon said at the time that Cohn should have resigned after that public rebuke of the President.
    After MP, Rajasthan, Gujarat bans Padmavati; CM says Rajputs are hurt

    After MP, Rajasthan, Gujarat bans Padmavati; CM says Rajputs are hurt

    Rupani became the fourth chief minister from a BJP-ruled state to oppose the film's release, after Vasundhara Raje, Yogi Adityanath and Shivraj Singh Chauhan.

    What Do Analysts Say About Discovery Communications, Inc. (DISCA)

    Louisiana State Employees Retirement System lifted its stake in shares of Discovery Communications by 1.1% in the second quarter. Also, CFO Gunnar Wiedenfels purchased 15,000 shares of the firm's stock in a transaction that occurred on Friday, November 3rd.
  • Silvery Stocks-:- Kinder Morgan, Inc. (NYSE:KMI)

    Silvery Stocks-:- Kinder Morgan, Inc. (NYSE:KMI)

    Maximum and minimum EPS estimate for the current quarter is projected at $0.2 and $0.15, respectively, according to 13 analysts. Average Revenue Estimate of the company for the current Fiscal Quarter is $3.42 Billion, according to consensus of 6 analysts.
    Kate Middleton & Prince William Make Appearances in Birmingham

    Kate Middleton & Prince William Make Appearances in Birmingham

    They also met with some of the company's volunteers who back projects that focus on regeneration, education and the environment. Five years after they married, Elizabeth became Queen and Philip has been by her side ever since.
    FDA approves first two-drug regimen for certain patients with HIV

    FDA approves first two-drug regimen for certain patients with HIV

    Juluca is produced by GSK's majority-owned ViiV Healthcare, in which Pfizer and Shionogi also have small stakes. The most common adverse events in patients taking the regimen were diarrhea and headache.


Most liked

Chargesheet filed in actress kidnap case, actor Dileep named accused
After spending 85 days in the Aluva sub-jail, the actor secured a bail from the Kerala High Court and was released on October 3. Only after the court accepts it, a copy of the additional charge sheet will be given to the accused.

Tennessee Dismisses Jauan Jennings After Instagram Tirade
In a statement, interim HC Brady Hoke said that the decision to dismiss Jennings was made "in consultation" with AD Jack Currie. An interim coach should not be able to make a long-term decision for a program three days before his tenure comes to an end.

First cases of flu reported in Erie County
The department said it's the first reported death from the flu in the county this season but among 78 cases that have been reported.

Ray Allen Caught Slipping Sexting With Man Catfishing Him As Other Women
Coleman says Allen's allegations that he pretended to be a woman to obtain "private information" about Ray are false. Allen asked the court to prevent Coleman from "cyber-stalking".

CBS' Cable Networks Major Issue In Dish Dispute
CBS will broadcast the National Football League matchup between the Los Angeles Chargers and the Dallas Cowboys on Thanksgiving. The blackout affects Dish subscribers in New York, Los Angeles, Chicago, Philadelphia, and other major markets.

GOP Texas Congressman Apologizes After Nude Photo Appears Online
Barton, the longest-serving member of the Texas delegation, represents areas south of the Dallas metropolitan area. The apology comes amid a wave of sexual harassment allegations on Capitol Hill, in media and in entertainment.

Former BJP MP Kanji Bhai Patel Resigns, Alleges Partiality in Ticket Allocation
The by-poll is being held for the seat which is vacant after Rane resigned from the Congress in September. Patel was allegedly miffed from the party's senior leaders over the issue of ticket allocation.

CJ Beathard, not Jimmy Garoppolo, named 49ers starter vs. Seahawks
The 49ers have had Garoppolo for nearly a month after they traded a 2018 second-round pick to the Patriots on October 30. But Lynch isn't anxious about the small sample size. "He can spin a football in a big-time way".

One soldier killed, two injured in JK's Kupwara encounter
Earlier on Tuesday, A soldier and three Pakistani militants were killed in two separate gunfights in J&K's Kupwara district. He said troops also retaliated and in the exchange of gun fight a militant was killed.

Rescue mission seeks volunteer help for winter months
Kiowa St. "This pumpkin pie is really good", Medina said. "I appreciate it very much", White said. Springs Rescue Mission will offer its annual Thanksgiving meal from 11 a.m.to 1 p.m.

Beleaguered Kevin Sumlin maintaining focus, working to beat LSU
Sumlin has an overall record of 51-25 at A&M during his tenure, but a losing divisional record against the SEC West, 16-19. We will deal with it how we've dealt with everything this year and continue to handle business as usual.

Facebook will let you see what Russian-linked content you followed
Here's something you can warn your eccentric uncle about this Thanksgiving: Russian trolls invading his Facebook page. Russia's campaign to meddle in the USA election reached 126 million people through 80,000 posts on Facebook .

"Fallen Kingdom" Writer Shares First Preview
There's fair reason to be hopeful that Fallen Kingdom will be both smarter and scarier than its predecessor , for related reasons. However, we have now been given a teaser thanks to the film's producer, Jurassic World director Colin Trevorrow .

Deere & Company (NYSE:DE) Achieve New Highs
Allen, chairman and chief executive officer, adding that the year's sales and earnings were the fifth-highest in company history. November 2 investment analysts at BMO Capital Markets left the stock rating at "Buy" with a current price target of $150.00.

IFFI director evading S Durga inclusion?
When asked by reporters whether the ministry had communicated its direction on screening the film, Mr. This was opposed by the claim that the movie is in Malayalam language and it was shot in Kerala.