Every year, more and more Americans retire abroad. About 615,000 Americans received their Social Security checks outside the U.S. last month, up 57 percent since 2000. That doesn’t count thousands of additional Americans who live abroad full- or part-time but continue receiving checks at U.S. banks. Those checks just became a lot more valuable, too. Read More
News
The U.S. dollar is on a tear amid expectations that the Federal Reserve will hike interest rates later this year against a backdrop of easing in many of the world’s economies, but charts suggest the potential for volatility before the greenback consolidates those gains. The U.S. dollar Index, which measures dollar’s value Read More
(Adds comment, updates prices) * Traders taking risk off table ahead of Fed policy meeting * U.S. housing starts fall in February, weigh on dollar * BoJ stands pat on policy, market reaction limited By Gertrude Chavez-Dreyfuss NEW YORK, March 17 (Reuters) – The dollar fell for a second straight day against major currencies on Read More
* Euro recovers from 12-year low * European stocks power higher, German DAX hits new high * Crude oil falls, gold prices weaken again (Updates to midday U.S. trading) By Ryan Vlastelica NEW YORK, March 16 (Reuters) – A long-awaited recovery in the euro boosted stock markets around the world on Monday as strength in Read More
(Updates to U.S. trading, adds data, comment, changes byline, dateline; previous LONDON) * Traders taking risk off table ahead of Fed policy meeting * U.S. housing starts fall in February, weigh on dollar * BoJ stands pat on policy, market reaction limited By Gertrude Chavez-Dreyfuss NEW YORK, March 17 (Reuters) – The dollar fell for Read More
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell across the board on Monday, as investors fretted that the greenback’s rapid rise could prompt the Federal Reserve to be a little more cautious about raising interest rates this year. The U.S. currency has risen about 24 percent against a basket of currencies since May Read More
U.S. stocks closed more than 1 percent higher on Monday as investors cheered a pause in the dollar rally and eyed renewed weakness in oil prices ahead of Wednesday’s key Fed meeting. “The markets are focused on currencies. The dollar is down against the euro,” said Peter Boockvar, chief market analyst at The Lindsey Read More
U.S. stocks closed more than 1 percent higher on Monday as investors cheered a pause in the dollar rally and eyed renewed weakness in oil prices ahead of Wednesday’s key Fed meeting. “The markets are focused on currencies. The dollar is down against the euro,” said Peter Boockvar, chief market analyst at The Lindsey Read More
(Bloomberg) — European stocks rose to a seven-year high and U.S. equity-index futures signaled shares will rebound after a third weekly decline. The dollar weakened and Treasuries gained before a Federal Reserve meeting this week, while oil touched its lowest level since 2009. The Stoxx Europe 600 Index advanced 0.6 percent at 6:20 a.m. in Read More
(MENAFN – Gulf Times) The dollar index rose to a fresh 12-year high and closed at 100.330 by the end of last week, its first close above 100 since April 2003. US dollar has been strengthening after expectations of an interest rate rise in the US were bolstered by strong jobs figures last week. US Read More