U.S. dollar climbs for ninth straight week

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The U.S. dollar (DX-Y.NYB) is up for the ninth consecutive week since July. Yahoo Finance Markets Reporter Ines Ferre breaks down the dollar's rally and how a strong dollar impacts internationally exposed companies and other currencies, like the Japanese yen. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

OTTAWA -The Bank of Canada on Tuesday said recent volatility in headline inflation is not unusual but the underlying trend shown by core measures was inconsistent with bringing inflation down to the 2% target. Earlier on Tuesday, August inflation figures showed a jump in the headline number to 4.0% from 3.3% in July - higher than most analysts had forecast - on rising gasoline prices.

"Ups and downs of the size we've seen in the past couple of months are not that unusual," Deputy Governor Sharon Kozicki said in a speech at the University of Regina in Saskatchewan.Use your TFSA in a fast and efficient manner. Here's some ways you could have turned $30,000 into $300,000 or more. The post TFSA Wealth: How to Turn $30,000 Into $300,000 for Retirement appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Instacart IPO, oil prices climb: Yahoo Finance LiveThe long-anticipated public debut of Instacart (CART) has arrived. The grocery delivery company is set to IPO on the Nasdaq after pricing at $30/share, valuing the company at $10 billion. Oil is also on investors' minds, with supply concerns rising after production cuts from several OPEC member nations. All this comes as the Federal Reserve kicks off its two-day policy meeting today. Top trending tickers include Rocket Lab (RKLB), with shares sinking following a failed launch, Nikola (NKLA) moving on leadership changes, and Moderna (MRNA) falling on weaker vaccine demand.Top guests on Yahoo Finance Live today include:9 a.m. ET - Caleb Silver, Investopedia Editor-In-Chief10 a.m. ET - Mike Mayo, Wells Fargo Securities managing director and head of U.S. large-cap bank research10:15 a.m. ET - Jessica Lautz, National Association of REALTORS Deputy Chief Economist10:30 a.m. ET - David Foulkes - Brunswick CEO
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Yahoo Finance LIVE - Sept 18 PMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Yahoo Finance LIVE - Sept 19 PMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Yahoo Finance LIVE - Sept 20 AMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Starbucks stock downgraded to ‘Perform’ by TD CowenStarbucks’ (SBUX) stock has been downgraded from ‘Outperform’ to ‘Perform’ by TD Cowen analysts, also lowering their price target to $107 per share for the coffee chain. TD Cowen analysts are pointing to weakness in Starbucks’ Chinese segments, which have been significantly impacted by last year’s COVID lockdowns and recent economic slowdowns. Yahoo Finance Live examines consumer trends in Starbucks’ U.S. market, referencing its loyalty programs and notable behaviors in Americans’ morning routines. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Starbucks goes big on China with new $220 million facilityStarbucks (SBUX) shares are trending slightly lower after the opening of its new $220 million manufacturing and distribution center in China. The 'China Coffee Innovation Park' is part of the company's bid to expand its presence in China, which also includes plans have about 9,000 stores in the country, about 2,500 more than it currently has. Yahoo Finance's Brooke DiPalma discusses the likely risks and advantages of of Starbucks efforts to break into China's coffee market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »