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That is a big headache for the ecb that meets next week. Alix one of the worst performing currencies in march. Scarlet is here to look at those. Scarlet a new trend. Alix that is me. Thelet i was hoping for return of summer. Weakness in the u. S. Dollar is index felle bluebird fiverounding up straight months of losses. When you look at who performed better versus the dollar everyone except brazil. Commodity currencies for the biggest gainers. Down 6. 3 rial is down 6. 3 . A note published today says the dollar moved further than the shifting growth expectations would justify. The positioning to get the dollar down has been extreme, but what triggers a correction is not for castable. The feds leadership was more pressure on the dollar because lower rates for longer continue to pound the dollar. Forever and a day is the phrase i like the best now. The fed is willing to tolerate higher inflation to get fuller, higher employment. As much as we use the dollar index as shorthand for the perf ....
Market. Three year and 10 year bond options coming in superstrong. Watch how that winds up performing. Time now for todays top market moving news from our new york team and washington team. We want to begin with economic the u. K. Economy shrinking on the 6 in march. Predicting what could be its deepest contraction in more than three centuries. Bloombergs Michael Mckee has more. Michael ask not for whom the bell tolls. It is the u. K. This time. Just one week under lockdown was still enough for a 2 contraction during the first quarter. As you mentioned, a 6 contraction during the month of march. Britain plunging into what may be its worst depression or recession, at least, since 300 years ago. Three centuries, according to those who have been figuring out. Tourism fell by 46 , air transport down 44 . Engine ofpending, the the economy, down 1. 7 in the first quarter, the largest drop since the financial crisis. We got data from the ....
Good morning, im jim donovan. Im rahel solomon. Katie keeping an eye on things this morning, Hotel Bethlehem . Look good out there. Kind of quiet down there. Looking dollars looking good out there. Happy friday. Hello. Oh, it will get craze think morning, you guys. You too, yes. Looking outside right now, and everything is looking actually real nice. Because thanks to nice dry roadways this morning, were looking good. The only thing is with time the fog becomes another issue. Yes, making repeat performance , in some spots that we didnt really see too much of it yesterday, so, we actually had to had have enough of the perfect ingredient coming together to propertiment dense fog advisory, goes until 10 00 this morning, it will be extended out past your typical morning drive obviously. So, specific to southern new jersey, and New Castle County, thats where it is likely to be ....
Tesla workers at the electric vehicle giant's Gigafactory NY in Buffalo announced Tuesday they are launching a unionization effort, seeking higher pay and "a voice on the job." ....
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