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☆ After my brother tragically died, I knew I wanted to pursue adventure. Now my family and I live on a catamaran.
▼ + stars: | 2024-04-21 | by ( Maria Noyen | ) www.businessinsider.com time to read: +11 min

We're pretty sure Kerry was executed there exactly two months later, in October 1978. So we had a memorial for Kerry, and then a few months later, John took his life. Rob Hamill rowing. Rob Hamill with Phil Stubbs, his teammate in the inaugural Atlantic rowing race in 1997. We got married about six months later, in 2001.

Persons: —, Rob Hamill, Pol Pot, Kerry, Kerry Hamill, Rob Hamill Kerry, Stuart Glass, Stuart, John Dewhirst, John, Hamill, who'd, Phil Stubbs, Phil, Comrade Duch, Pot, Rachel, Finn, Declan, Ivan, Rob Hamill's, Renee Whitaker, Hamill's, Finn didn't, We've Organizations: Service, Business, Navy, Atlantic, New Zealand, Pacific Locations: New Zealand, Khmer Rouge, Communist, Cambodia, Australia, Darwin, Khmer, Malaysia's, Kerry, Phnom Penh, Asia, Tenerife, Barbados, Ireland, New, Thailand, Angkor Wat

☆ Dollar firms after hot retail sales, yen languishes; China data awaited
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: +3 min

The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday, raising intervention worries as the yen languished at its lowest level since 1990 following hotter-than-expected U.S. retail sales. The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday, raising intervention worries as the yen languished at its lowest level since 1990 following hotter-than-expected U.S. retail sales. In the U.S., retail sales rose 0.7% last month, compared with the 0.3% rise that economists polled by Reuters had forecast. The Japanese yen languished under the dollar's continued strength and large interest rate differential between the two countries, breaching 154 to hit a fresh 34-year low against the dollar on Monday. The offshore Chinese yuan was mostly unchanged at 7.2620 per dollar ahead of the key economic data releases out of China.

Persons: Matt Simpson, Shunichi Suzuki, Index's Simpson, bitcoin Organizations: Reuters, Federal Reserve, U.S ., U.S, Traders, Japanese Finance, European Central Bank Locations: China, U.S, Middle

☆ Dollar stands tall as U.S. rate-cut bets recede
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: +2 min

The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave support. The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave support. There was little initial reaction to a weekend attack on Israel by Iran. Canadian and New Zealand inflation figures are due on Tuesday, along with Chinese growth numbers. British inflation data is out on Wednesday and Aussie jobs data on Thursday.

Persons: Jason Wong, Sterling Organizations: New Locations: Asia, Israel, Iran, New Zealand, Israeli, Damascus, Wellington, Zealand

☆ New Zealanders Are Crazy for This Fruit. It’s Not the Kiwi.
▼ + stars: | 2024-04-12 | by ( Kate Evans | Tatsiana Chypsanava | ) www.nytimes.com time to read: 1 min

Autumn in New Zealand heralds the arrival of a green, egg-size fruit that falls off trees in such abundance that it is often given to neighbors and colleagues by the bucket or even the wheelbarrow load. The fresh fruit, whose flesh is gritty, jellylike and cream-colored, is used in muffins, cakes, jams and smoothies, and it begins appearing on high-end menus each March — the start of fall in the Southern Hemisphere. Off-season, it is found in food and drink as varied as juices and wine, yogurt and kombucha, and chocolate and popcorn. This ubiquitous fruit is the feijoa (pronounced fee-jo-ah). Known in the United States as the pineapple guava, it was first brought to New Zealand from South America via France and California in the early 1900s.

Organizations: Southern Hemisphere Locations: New Zealand, United States, South America, France, California

☆ Yen crumbles under towering dollar and U.S. Treasury yields
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: +4 min

In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background. The yen struggled to break away from a 34-year low on Friday and was headed for a weekly decline, while the dollar hovered near a five-month high alongside U.S. Treasury yields as traders heavily scaled back bets for a slew of U.S. rate cuts this year. The yen was last marginally higher at 153.17 per dollar, languishing near a 34-year trough of 153.32 per dollar hit in the previous session on the back of a surge in U.S. Treasury yields, which the dollar/yen pair tends to closely track. The benchmark 10-year yield was last at 4.5784%, flirting with a five-month peak of 4.5930% hit in the previous session. The renewed dollar strength also weighed on the Australian and New Zealand dollars , which each fell 0.02%.

Persons: Tony Sycamore, Shunichi Suzuki, David Doyle Organizations: U.S, Treasury, European Central Bank, Federal Reserve, IG, Japanese Finance, ECB, New, Macquarie Locations: U.S, United States, freefall, Tokyo, New Zealand

☆ Why New Zealand spent a small fortune to kill one stoat
▼ + stars: | 2024-04-10 | by ( Dhruv Tikekar | ) edition.cnn.com time to read: +5 min

Introduced predators kill about 25 million native birds in New Zealand annually, with about 4,000 native species threatened or at risk of extinction, according to the DOC. Under the program, the government plans to eradicate rats, possums (a marsupial native to the Americas), weasels, ferrets — and the pesky stoat. Chalky Island and the neighboring Passage Islands have been predator-free since 1999 following the first ever stoat eradication campaign, according to the DOC. And for Fleming, the recent stoat incursion only underscores the importance of the Predator Free 2050 plan. “If we eradicate stoats from Aotearoa (New Zealand) completely we remove the costs of incursions, and our wildlife can thrive alongside us,” he said.

Persons: Rebecca Teele, ”, Aaron Fleming, Liu Yang, RNZ, —, pesky, Carolyn M, King, hitlist, Stephan Morris, stoats, stoats ”, Fleming Organizations: CNN, country’s Department of Conservation, New, Zealand, New Zealand Taxpayers ’ Union, Southern, New Zealand, University of Waikato Locations: New Zealand, Fiordland, Eurasia, North America, “, New, Americas, Aotearoa

☆ Dollar firm, yen under watch ahead of key US CPI release
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: +3 min

The Japanese yen and U.S. dollar on display in Yichang, Hubei province, Nov 13, 2023. The inflation data follows a strong jobs report last Friday that blew past forecasts, raising questions on how soon and how much the central bank will cut rates this year. On the yen, Wednesday's CPI data will be "a big test for Japanese authorities," Kong added. The U.S. dollar index , which measures the greenback against six rivals, held firm at 104.12. The kiwi climbed as high as $0.6077 versus the U.S. dollar, its strongest since March 21, before flattening at $0.60595.

Persons: Carol Kong, Kong, Kazuo Ueda, Sterling, bitcoin Organizations: U.S, Reserve Bank of New, Commonwealth Bank of Australia, Bank of Japan, Reserve Bank of New Zealand, U.S ., Treasury, Traders, European Central Bank, ECB Locations: Yichang, Hubei province, Reserve Bank of New Zealand, U.S, China

☆ Dollar steadies, yen pinned near 152
▼ + stars: | 2024-04-03 | by ( ) www.cnbc.com time to read: +4 min

The dollar was steady on Friday after data showed U.S. inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level. The dollar was on the front foot on Wednesday, pinning the yen near its lowest in decades though the heightened threat of currency intervention by Tokyo capped further declines in the Japanese currency. The yen was last at 151.585 per dollar, languishing near last month's slump to 34-year lows of 151.975 in the wake of the Bank of Japan's historic policy shift. The dollar , which on Tuesday touched a nearly five-month high of 105.10 against a basket of currencies, was last steady at 104.76. "I think the dollar will hold up pretty well in the near term, and that will be a headwind for the other major currencies."

Persons: Morgan Stanley, Koichi Sugisaki, Sterling, Carol Kong, CBA's Organizations: Federal Reserve, Bank of, Ministry of Finance, U.S ., U.S, Commonwealth Bank of Australia, Traders, Fed, New Locations: Tokyo, Japan, U.S, CBA's Kong, New Zealand

☆ Dollar ascendant as Fed cut bets pared, jawboning props up yen
▼ + stars: | 2024-04-02 | by ( ) www.cnbc.com time to read: +3 min

The U.S. dollar hovered near a 4-1/2-month high against major peers on Tuesday as traders rushed to push back bets for the Federal Reserve's first interest rate cut this year. The U.S. dollar hovered near a 4-1/2-month high against major peers on Tuesday as traders rushed to push back bets for the Federal Reserve's first interest rate cut this year. The U.S. rate futures market now factors in 61.3% odds of a Fed rate cut in June, down from about 70.1% probability a week ago, according to the CME's FedWatch tool. The Japanese yen firmed slightly on Tuesday to 151.565 per dollar, after dipping to 151.77 the previous day. Japanese authorities intervened in 2022 when the yen slid toward a 32-year low of 152 to the dollar.

Persons: –, Richard Franulovich, Sterling, Shunichi Suzuki, Westpac's, skidding, cryptocurrency bitcoin Organizations: U.S, Federal, Treasury, Bank of Japan's Locations: U.S, Japan

☆ Dollar ends week under pressure as data keeps rate cut hopes alive
▼ + stars: | 2024-03-08 | by ( ) www.cnbc.com time to read: +4 min

The unemployment rate rose to 3.9% in February after holding at 3.7% for three straight months, the data showed. The euro got a lift this week as the dollar came under pressure after Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates in coming months. Currencies typically weaken if central banks lower interest rates. Against the yen, the dollar was 0.68% lower at 147.05 yen, its weakest since Feb. 2. Firming hopes that interest rates in the U.S. and Europe will start to fall in June also helped prop up the risk-sensitive Australian and New Zealand dollars.

Persons: Jerome Powell, Stuart Cole, Cole, Powell, Lindsey Bell, Kathleen Brooks, Sterling, BoE, Firming, bitcoin Organizations: Federal Reserve, Bureau of Labor Statistics, Equiti, ECB, Federal, Ventures, Bank of, Reuters, European Central Bank, U.S . Federal, Bank of England, New Locations: Japan, Charlotte , North Carolina, Bank of Japan, U.S, Europe, New Zealand

☆ Dollar droops as key U.S. data looms; yen firms on CPI beat
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: +2 min

The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates. The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates. The U.S. dollar index , which measures the currency against a basket of peers including the yen and euro, traded flat at 103.78 early in Asian time, following a 0.17% slide on Monday. U.S. durable goods data is due later on Tuesday, while January's U.S. personal consumption expenditures price index, which is the Fed's preferred measure of inflation, will be released Thursday. The dollar slipped 0.1% to 150.54 yen as a slightly hotter-than-expected reading for Japan's January consumer price index kept the BOJ on track to exit negative interest rate policy as soon as next month.

Persons: CME's, Richard Franulovich, Cryptocurrency bitcoin Organizations: Federal Reserve, Bank of Japan's, U.S, January's, New Zealand, Aussie, Traders, Reserve Bank of New, MicroStrategy Inc Locations: January's U.S, Reserve Bank of New Zealand

☆ Dollar firms ahead of busy data week with U.S. inflation in focus
▼ + stars: | 2024-02-26 | by ( ) www.cnbc.com time to read: +4 min

The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a U.S. inflation reading taking center stage. The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a U.S. inflation reading taking center stage. The kiwi had risen 1.2% last week, helped by broad dollar weakness and the risk of a rate hike from the RBNZ on Wednesday. "If anything, the (data) may be stronger than markets currently expect, and that will likely give a modest boost to the dollar," said CBA's Kong. "But at the same time, any gains in the dollar will likely be pretty modest.

Persons: Carol Kong, Sterling, Jane Foley, CBA's Organizations: Reserve Bank of New, New Zealand, Commonwealth Bank of Australia, of Japan's, U.S, Rabobank, U.S . Commodity Futures, Fed Locations: Japan, Australia, Reserve Bank of New Zealand, China, Asia, U.S

☆ Yen sinks as currency traders keep short and carry on
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: +3 min

The yen is the worst-performing G10 currency this year, with a 6.4% slide on the dollar. For the week the yen is down 0.6% on the euro, touching its weakest for three months overnight at 163.45 per euro . Yen moves against the dollar were more modest due to the risk its slide could prompt intervention in markets from Japan, with officials reminding traders they stand ready in recent days. The dollar gained 0.1% to trade at 150.41 yen this week. Investors can earn interest, or carry, by borrowing yen around 0% and buying income-bearing assets in other currencies.

Persons: Moh Siong Sim, Sterling, Christine Lagarde, Christopher Waller Organizations: New, Deutsche, Britain, of Singapore, U.S, European Central Bank Locations: Japan, New Zealand, Friday's Asia, U.S, Europe

☆ How Shaved Ice Took Over the Dessert Menu
▼ + stars: | 2024-02-15 | by ( ) www.nytimes.com time to read: +2 min

Whether you know it as Japanese kakigori, Korean patbingsu, Hawaiian shave ice, Italian granita, Indian ice gola or the American snow cone, a mound of shaved ice drenched in syrup and served on a hot day is a near-universal delight. Erickson serves kiwi-flavored shaved ice atop a creamy jasmine tea custard. At Bar Maze, which offers a cocktail-paired tasting menu in Honolulu, the head chef Ki Chung, 32, combines sweet corn pudding and sesame streusel with ice shaved from the same clear blocks used for drinks — the dessert is finished tableside with a pour of black sesame orgeat. For Srijith Gopinathan, 46, the chef and owner of Copra in San Francisco, shaved ice is infused with nostalgia. Part of the fun is the dramatic dimensions of the dessert, about the size of a volleyball.

Persons: “, ”, Maya Erickson, Erickson, Ki Chung, Dano Heinze, Gopinathan, Giles Clark, ” Clark, Martha Cheng Locations: Thai, Phuket, Portland , Ore, Honolulu, Vern’s, Charleston, S.C, San Francisco, Kerala, India, Yess, Los Angeles

☆ A woman claims she was almost barred from a Delta flight because she wasn't wearing a bra: 'It was humiliation'
▼ + stars: | 2024-02-07 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

A woman says she was almost barred from a Delta flight for not wearing a bra. She claims was escorted off the plane and was only allowed to reboard if she put a jacket on. The woman, a DJ, was wearing a baggy white t-shirt, according to a photo shared on X. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA woman claims that she was escorted off a Delta Air Lines plane and almost barred from the flight because she wasn't wearing a bra.

Persons: —, Lisa Archbold Organizations: Service, Delta Air Lines, DJ, Sundance Film, New Zealand Herald, Business Locations: Salt Lake City, San Francisco

☆ New Zealand Calls for Kiwi Pilot to Be Freed a Year After Papua Kidnapping
▼ + stars: | 2024-02-05 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

JAKARTA (Reuters) - New Zealand has called for the immediate release of Kiwi pilot Phillip Mehrtens, a year after he was taken hostage by rebels in Indonesia's Papua region, its foreign minister said on Monday. His continued detention serves the interests of no one," New Zealand Foreign Minister Winston Peters said in a statement. The New Zealand foreign minister said a range of government agencies continued to work extensively with their Indonesian counterparts to secure Mehrtens' release. The separatist group has released video of Mehrtens several times, asking the United Nations to mediate talks towards Papua's independence. In one of the videos, he was seen holding the banned Morning Star flag and surrounded by Papuan fighters.

Persons: Phillip Mehrtens, Egianus Kogoya, Mehrtens, Phillip, Winston Peters, Sebby Sambom, Ananda Teresia, Kate Lamb, Jamie Freed Organizations: Kiwi, West Papua National Liberation Army, New Zealand Foreign, United Nations, New Zealand, United, Star Locations: JAKARTA, New Zealand, Indonesia's Papua, Nduga, Papua, Papua New Guinea, United Nations

☆ Dollar scales fresh peaks as Fed cut bets recede
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +3 min

"A one-two punch from Jay Powell's FOMC presser and a very strong nonfarm payrolls report have essentially closed the door on a March rate cut," said Chris Weston, head of research at Pepperstone. The Japanese yen was last 0.15% lower at 148.58 per dollar, having hit a trough of 148.82 earlier in the session. Treasury yields also jumped on expectations of higher-for-longer U.S. rates, with the two-year yield, which typically reflects near-term interest rate expectations, last up nearly seven bps at 4.4386%. That did little to help the yuan, with the offshore yuan last marginally lower at 7.2182 per dollar, pressured by a stronger greenback. "So far we've just seen speculation and some media reports talking about further support for the equity market or the property market.

Persons: Jerome Powell's, Jay Powell's FOMC presser, Chris Weston, Powell, Carol Kong, CBA's Organizations: Federal Reserve, New, Traders, Fed, CBS, Sterling, Commonwealth Bank of Australia, Treasury Locations: Buenos Aires, Argentina, New Zealand

☆ Ryanair CEO has ‘a lot of confidence’ in Boeing chief David Calhoun
▼ + stars: | 2024-01-29 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

“I have a lot of confidence both personally and professionally in David Calhoun and in Brian West,” Ryanair’s Michael O’Leary said Monday, referring to Boeing’s CEO and chief financial officer respectively. Calhoun — who was appointed to the top job in January 2020 as Boeing was already struggling with quality and safety issues — will unveil the planemaker’s full-year results Wednesday. Ryanair CEO Michael O'Leary, left, voiced strong support for Boeing CEO David Calhoun Monday. Partly because of this, Ryanair expects full-year profit for the current financial year to be at the lower end of a range of €1.85 billion-€1.95 billion ($2 billion-$2.1 billion) — trimming a November forecast of up to €2.05 billion ($2.2 billion). That would still be up from its previous record of €1.45 billion ($1.6 billion) earned in 2018, before the Covid-19 pandemic.

Persons: ”, David Calhoun, Brian West, Michael O’Leary, “, Calhoun —, Dennis Muilenberg, Calhoun, Michael O'Leary, Scott Kirby, Kirby, Max, ” O’Leary, we’ll, O’Leary, ” — Organizations: London CNN, Boeing, Ryanair, Lauda, United, Max, Alaska Airlines, US Federal Aviation Administration, CNBC, United Airlines, Reuters, Airbus Locations: US, Austrian, Alaska, American, Toulouse, United Kingdom, Kiwi.com, Europe

☆ U.K. to Ban Disposable Vapes in Plan to Combat Use by Children
▼ + stars: | 2024-01-29 | by ( Megan Specia | ) www.nytimes.com time to read: 1 min

The brightly colored packaging is a slick mix of ombré pink and lime green. The nicotine inside comes wreathed in a “strawberry kiwi” flavor. Increasingly, plastic disposable vapes like this one are making their way into the hands of children, with one in five young people in Britain between the ages of 11 and 17 trying vaping last year, according to Action on Smoking and Health, an independent public health charity. Soon, they will be banned in Britain, Prime Minister Rishi Sunak announced on Monday, as he unveiled a package of measures to ban single-use vapes, restrict flavors, and regulate packaging and displays. Britain is following several other nations, and a number of American states, that have already taken steps to curb underage vaping, as the colorful and trendy packaging and fruit or candy flavoring has proved appealing to teenagers and children.

Persons: vaping, Rishi Sunak Locations: Britain

☆ Dollar treads water ahead of U.S. GDP; ECB meeting in spotlight
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: +4 min

Traders have been consolidating positions ahead of the Federal Reserve's policy meeting next week. The report is, however, likely to show that the U.S. avoided a recession in 2023 and is expected to show moderating inflation in the last quarter, stoking expectations of rate cuts sometime in the first half of 2024. Other U.S. data this week includes the Fed's favourite gauge of inflation - the personal consumption expenditure (PCE) data - on Friday. The move from the central bank comes after a Bloomberg report earlier this week of a rescue package worth $278 billion to help stabilise the battered stock markets. The Australian dollar and the New Zealand dollar struggled to sustain a China-inspired rally earlier this week.

Persons: Kieran Williams, Jerome Powell, Kazuo Ueda Organizations: Central Bank, Traders, U.S, Asia FX, InTouch, ECB, Wednesday, Bloomberg, Australian, New Zealand, Aussie, Bank of, Bank of Japan Locations: Asia, U.S, China

☆ Dollar headed for second weekly gain on tempered rates outlook
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: +3 min

Dollar bills and Japanese currency Yen lying on a table on August 03, 2016 in Berlin, Germany. The dollar headed for a second weekly gain in a row on Friday on signs of resilience in the U.S. economy and caution about rate cuts from central bankers. Weekly gains on the risk-sensitive Australian and New Zealand dollars of 1.7% and 2.1% are set to be the largest since November and June respectively. Rabobank revised its one-month forecast for dollar/yen to 148 from 144, expecting further unwinding of bets on the pace of U.S. rate cuts to support the dollar. An unexpected rise in British inflation also drove a sharp pullback in bets on Bank of England interest rate cuts, and leant support to sterling.

Persons: Jane Foley, Christopher Waller, Bitcoin Organizations: New, Bank of Japan, Rabobank, Federal, Bank of Locations: Berlin, Germany, U.S, New Zealand, Asia, Europe, Bank of England

☆ Dollar wobbles; yuan on guard ahead of China data dump
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: +3 min

The dollar ebbed on Monday on renewed expectations of a rate cut by the Federal Reserve in March, while the Chinese yuan struggled near a one-month low ahead of a slew of economic data this week. The offshore yuan languished near a one-month low of 7.1925 per dollar hit on Friday, and was last at 7.1861 per dollar. "I think more PBOC (People's Bank of China) easing is coming this year," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I don't think (Monday's move) will materially weigh on the (yuan) because a rate cut is more or less priced in. The Australian dollar , often used as a liquid proxy for the yuan, edged 0.07% higher to $0.6690.

Persons: China's, Sterling, Chris Weston, Carol Kong, Party's Lai Ching, te, Goldman Sachs Organizations: Federal Reserve, Traders, U.S, Treasury, CPI, PPI, Bank of, People's Bank of China, Commonwealth Bank of Australia, Australian, New Zealand, Democratic, Taiwan Locations: Asia, U.S, Bank of Japan, China, Taiwan

☆ Dollar pares gains on soft U.S. inflation data
▼ + stars: | 2024-01-12 | by ( ) www.cnbc.com time to read: +3 min

The dollar index pared gains on Friday after U.S. producer prices unexpectedly fell in December, raising expectations of an early U.S. rate cut. That led traders to add to bets for a rate cut in the coming months. Fed funds futures now imply a 79% chance of a March rate cut, up from 73% on Thursday, according to the CME Group's FedWatch Tool. Traders maintained their view that a March rate cut is likely even after consumer price inflation data on Thursday came in above economists' expectations. The dollar index was last up 0.19% at 102.40.

Persons: Steve Englander, Englander, Martin Luther King Jr, Sterling, bitcoin Organizations: U.S, British, Global, Research, Standard Chartered Bank, Branch, Traders, U.S . Securities, Exchange Commission, Wednesday Locations: Yichang, Hubei province, U.S, Yemen, America, Zealand, Iran, Red, Gaza

☆ Dollar on shaky ground as Fed rate cut bets strengthen
▼ + stars: | 2023-12-04 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Powell said on Friday it was clear that U.S. monetary policy was slowing the economy as expected, with the benchmark overnight interest rate "well into restrictive territory." The U.S. dollar index , which tracks the currency against six major counterparts, was last hovering around Friday's close at 103.28. That means dollar pairs could continue to get a boost depending on U.S. economic data, Rodda said. Against the yen, the dollar was fetching $146.58 yen , after falling to 146.24 earlier in the session, its lowest since Sept. 11. The yen has recently pulled away from the near 33-year low of 151.92 per dollar touched in the middle of November.

Persons: Jerome Powell, Bitcoin, Powell, Kyle Rodda, Rodda, Sterling, Christine Lagarde, Carol Kong, bitcoin, Brigid Riley, Shri Navaratnam Organizations: Federal, U.S, U.S ., European Central Bank, ECB, Commonwealth Bank of Australia, Thomson Locations: TOKYO, U.S, cryptocurrencies

☆ After Decades of Decline, a Feathered Icon Breeds in New Zealand’s Capital
▼ + stars: | 2023-12-04 | by ( Pete Mckenzie | ) www.nytimes.com time to read: +1 min

At the foot of a towering fern, Pete Kirkman pushed his hand through a curtain of dead branches into a burrow. Baffled by the daylight, the chocolate-colored nocturnal bird shook its pencil-like beak from side to side. “You’re OK,” Mr. Kirkman, a conservationist, said soothingly, as he made the discovery last week. He watched in delight as another hatchling charged out, searching for its sibling, and fell into his arms. Starting in the 1800s, millions were slaughtered by nonnative predators like stoats, a mammal related to the weasel.

Persons: Pete Kirkman, Mr, Kirkman Organizations: New, kiwis Locations: New Zealanders

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