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LONDON (Reuters) - The euro retreated on Thursday, after briefly hitting a near three-month high against the dollar, as concerns about rising coronavirus cases in Europe grew. The Swedish crown fell against both the euro and the dollar after Riksbank, the Swedish central bank, expanded its quantitative easing programme. Market watchers were wondering whether the European Central Bank will take a cue from the Riksbank and follow suit with its own QE programme. The Australian dollar was down 0.1% at 0.7358, though earlier it rose to a near three-month high of 0.7374, and the Canadian dollar was neutral at 1.3007 against the U.S. dollar. Sterling fell 0.3% to $1.3344 after rising to a three-month high of $1.3399, and was also down by 0.2% against the euro at 89.15 pence.
Persons: Rick Wilking, Chancellor Angela Merkel, , , John Hardy, Lee Hardman, Hardman, Sterling Organizations: REUTERS, U.S, Saxo Bank, Federal, MUFG, U.S ., European Central Bank, Canadian Locations: Europe, Westminster , Colorado, Swedish, Norwegian
EU needs to move too for Brexit deal- UK's Gove
  + stars: | 2020-11-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.53   time to read: 1 min
FILE PHOTO: Britain's Chancellor of the Duchy of Lancaster Michael Gove is seen in Westminster, London, Britain November 10, 2020. REUTERS/John SibleyLONDON (Reuters) - The European Union must move too if there is to be a Brexit deal senior minister Michael Gove said on Tuesday, adding that he hopes it will be possible to reach an agreement with Brussels. “I hope that we will be able to secure a good deal with the European Union,” he said. “The European Union needs to move as well and it needs to acknowledge that we voted to take back control and that’s the most important thing.”
Persons: Lancaster Michael Gove, John Sibley, Michael Gove, , Organizations: REUTERS, John Sibley LONDON, European, European Union Locations: Duchy, Westminster, London, Britain, Brussels
Britain warns tech firms over risks of China expansion
  + stars: | 2020-11-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.95   time to read: +2 min
FILE PHOTO: Caroline Dinenage arrives for Britain's Prime Minister David Cameron's first cabinet meeting at 10 Downing Street, in Westminster, London, Britain, May 12, 2015. REUTERS/Suzanne Plunkett/File PhotoLONDON (Reuters) - The British government launched a website on Tuesday warning digital and technology firms of the ethical, legal and commercial risks of expanding into China and accepting Chinese investment. Know the Challenge” the government website is designed as a guide for digital and tech firms, encouraging good practice and raising awareness of potential issues. “The UK is determined to support our businesses to engage with China in a way that reflects the UK’s values and takes account of national security concerns,” digital and culture minister Caroline Dinenage said in a statement. Alongside case studies, guides on how to conduct due diligence and links to specialist consultancies, the site contains some stark warnings.
Persons: Caroline Dinenage, David Cameron's, Suzanne Plunkett, Organizations: Britain's, Downing, REUTERS, British, Huawei Technologies Co, Huawei Locations: Westminster, London, Britain, China
"It has meant that we've seen the suggestion of a universal basic income in a completely different light." It has meant that we've seen the suggestion of a universal basic income in a completely different light." But experts note that the loose coalition of universal basic income supporters still contains major divisions. Some worry, for example, that providing a universal basic income could lead to a spike in inflation. Jardine, for her part, acknowledges the uphill battle in convincing colleagues that universal basic income is the way forward.
Persons: Christine Jardine, Jardine, we've, Jardine —, Franklin Delano Roosevelt's, Daniel, Timothy Garton Ash, Antonia Zimmermann, Yannick Vanderborght, Vanderborght, , Jürgen, Schupp, Maximilian Kasy, Sven Hergovich, Hergovich, UK Liberal Democrats —, Tim Vlandas, Boris Johnson, Chancellor Angela Merkel's, Critics Organizations: London, CNN Business, Edinburgh, Liberal Democrats, Newcastle University, Universal, Oxford University, UBS, Université Saint, Louis, German Institute for Economic Research, University of Oxford, Marienthal, UK Liberal Democrats, Labour Party, Liberal, Conservative Locations: Scottish, Europe, Germany, United Kingdom, Austria, Marienthal, Vienna, United States, Britain, France, Spain, Italy, Berlin, Université, Brussels, Finland, Westminster, London
Cutting aid budget would hit UK influence, two former PMs say
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: Britain's former Prime Ministers Tony Blair and David Cameron attend a memorial service for Lord Paddy Ashdown at Westminster Abbey, in London, Britain September 10, 2019. “Abandoning the 0.7 target for aid would be a moral, strategic and political mistake,” Cameron, prime minister from 2010 to 2016 and a member of Johnson’s Conservative Party, said. The two former leaders argued that any move to cut spending on aid would undermine Britain’s position when it hosts the G7 summit in 2021. The decision comes as the country embarks on a new future outside the European Union. Blair, a Labour prime minister from 1997 to 2007 who introduced the 0.7% target, said the spending had tackled disease, boosted education and helped to increase living standards across large swathes of Africa.
Persons: Tony Blair, David Cameron, Paddy Ashdown, Chris J Ratcliffe, Boris Johnson, Johnson, Rishi Sunak, ” Cameron, Blair, , ” Johnson Organizations: Westminster Abbey, Telegraph, Johnson’s Conservative Party, European Union, Labour Locations: Westminster, London, Britain, British, Africa
“Investors have banked on the MLF (Municipal Liquidity Facility) being a reliable, emergency lender to our (municipal bond) market’s core borrowers. It has taken the idea of a payment default or catastrophic budget problem off the table,” said Matt Fabian, partner at Municipal Market Analytics at Westport, Connecticut, in the United States. The dollar index stood at 92.349 =USD, off Thursday's low of 92.236, though it is still down 0.34% on the week. “The dollar/yen appears to have recovered strong correlation with U.S. bond yields over the past two weeks. Against the euro, it stood at 0.8955 pound per euro EURGBP=D4, wiping its gains made over the past two days.
Persons: Steven Mnuchin, Rick Wilking, , Matt Fabian, Tohru Sasaki, Morgan, bitcoin Organizations: U.S, Federal Reserve, REUTERS, Treasury, , Municipal, Analytics, Senate Republican, Times, Commission, BTC Locations: TOKYO, Westminster , Colorado, Westport , Connecticut, United States, U.S, Japan
Dollar halts slide as Mnuchin calls time on emergency funds
  + stars: | 2020-11-20 | by ( Hideyuki Sano | ) www.reuters.com + 0.00   time to read: +4 min
“Investors have banked on the MLF (Municipal Liquidity Facility) being a reliable, emergency lender to our (municipal bond) market’s core borrowers. The dollar index stood at 92.306 =USD, off Thursday's low of 92.236, though it is still down 0.3% on the week. The reaction in currency markets, however, has been limited compared with the U.S. stocks and bond markets. Against the euro, it stood at 0.8955 pound per euro EURGBP=D4, wiping its gains made over the past two days. The lira changed hands at 7.5450 to the dollar TRYTOM=D4, near its highest level in almost two months.
Persons: Steven Mnuchin, Rick Wilking, Mnuchin’s, , Matt Fabian, Tatsuya Chiba, Naci Agbal, bitcoin Organizations: U.S, REUTERS, Senate Republican, Treasury, , Municipal, Analytics, Mitsubishi UFJ Trust, Times, Commission, BTC Locations: TOKYO, Westminster , Colorado, Westport , Connecticut, United States, California
NEW YORK (Reuters) - The dollar slipped to a more than one-week low on Friday, while currencies that benefit from higher risk appetite rose as investors focused on the possible resumption of talks for additional coronavirus stimulus. REUTERS/Rick Wilking/File PhotoRepublican and Democratic senators agreed on Thursday to revive those discussions, pushing the dollar lower after trading higher all day. The dollar has fallen for eight out of the last 10 sessions, as currency traders’ appetite for risk increased. The Australian dollar - seen as a liquid proxy for risk appetite - was on track for its best monthly gain versus the U.S. dollar since April. The New Zealand dollar hit new two-year highs of US$0.6949, helped by positive risk appetite.
Persons: Rick Wilking, , , Juan Perez, Steven Mnuchin, Donald Trump Organizations: YORK, REUTERS, Republican, Democratic, Tempus Inc, Pfizer Inc, U.S, European Union, Australian, New Zealand Locations: Westminster , Colorado, Washington, United States, Hungary, Poland, Michigan
REUTERS/Rick Wilking/File PhotoThe possible resumption of U.S. stimulus talks for COVID-19 relief has also weighed on the dollar as a safe haven. The week started off on a negative note for the dollar with positive news on a vaccine for COVID-19, but the market has since moved back and forth between focusing on coronavirus cases and the virus drug. Pfizer Inc PFE.N said it had applied for emergency use authorization in the United States for its COVID-19 vaccine. In afternoon trading, the dollar was flat against a currency basket at 92.369 in a quiet day for currency markets. The Australian dollar - seen as a liquid proxy for risk appetite - posted its best monthly gain versus the U.S. dollar since April.
Persons: Rick Wilking, Pfizer Inc PFE.N, ” Jonathan Petersen, Steven Mnuchin, , Organizations: YORK, REUTERS, COVID, Republican, Democratic, greenback, Pfizer Inc, Capital Economics, U.S, Treasury, European Union, Australian, New Zealand, BTC, RIC Locations: Westminster , Colorado, United States, Europe, London, Swiss, Norway, Sweden
LONDON (Reuters) - Britain’s Queen Elizabeth and Prince Philip celebrated their 73rd wedding anniversary on Friday, an occasion they were unable to share with their family during England’s current coronavirus lockdown. FILE PHOTO: Britain's Queen Elizabeth and Prince Philip, Duke of Edinburgh look at their homemade wedding anniversary card, given to them by their great grandchildren Prince George, Princess Charlotte and Prince Louis, ahead of their 73rd wedding anniversary, in the Oak Room at Windsor Castle, Windsor, Britain November 17, 2020. “Thank you to everyone for your kind wishes on the Queen and the Duke of Edinburgh’s 73rd Wedding Anniversary,” Buckingham Palace said on Twitter. The couple first met when they attended the wedding of Philip’s cousin, Princess Marina of Greece, to Elizabeth’s uncle, the Duke of Kent, in 1934. “The main lesson that we have learned is that tolerance is the one essential ingredient of any happy marriage,” Philip said in a speech on their 50th wedding anniversary in 1997.
Persons: Queen Elizabeth, Prince Philip, Prince Philip , Duke, Prince George , Princess Charlotte, Prince Louis, Chris Jackson, Philip, Duke, Edinburgh’s, Buckingham, Elizabeth, Princess Marina, Duke of Kent, Princess Diana, , ” Philip Organizations: Edinburgh, Getty, REUTERS Elizabeth, London’s Westminster Abbey, Twitter, Windsor Castle, Royal Naval College, Dartmouth Locations: Windsor Castle, Windsor, Britain, Europe, London’s Westminster, London, Broadlands, England, Greece
Britain determined to reach Canada trade deal this year: minister
  + stars: | 2020-11-19 | by ( Reuters Staff | ) www.reuters.com + 0.99   time to read: +2 min
FILE PHOTO: Britain's International Trade Secretary Liz Truss walks out of a coffee shop in Westminster, London, Britain November 10, 2020. REUTERS/John SibleyLONDON (Reuters) - Britain is determined to reach a trade deal with Canada before the end of the year, trade minister Liz Truss said on Thursday, underlining that after securing a continuity agreement the two countries could go much further. He said that in less than two years, the government had signed or agreed in principle trade agreements with 52 countries, accounting for 142 billion pounds ($187 billion) of British bilateral trade. This accounted for 74% of the value of trade with non-EU countries that the UK set out to secure agreements with under the trade continuity programme. From this programme, 13 agreements remained outstanding, including the deal with Canada, he said.
Persons: Liz Truss, John Sibley, Boris Johnson, Truss, , , Johnson Organizations: International Trade, REUTERS, John Sibley LONDON, European Union, EU, Pacific Partnership Locations: Westminster, London, Britain, Canada
OTTAWA/LONDON (Reuters) - Britain and Canada are very close to agreeing the terms of a free trade deal and the agreement could be announced in the coming days, a Canadian government source said on Thursday. FILE PHOTO: Britain's International Trade Secretary Liz Truss walks out of a coffee shop in Westminster, London, Britain November 10, 2020. British Trade Minister Liz Truss earlier said the government of Boris Johnson was determined to reach a trade deal with Canada before the end of the year. The European Union already has a free trade pact with Canada. Truss said Canada and Britain were negotiating a continuity agreement, which would ensure there were no disruptions to free trade.
Persons: Liz Truss, John Sibley Britain, Boris Johnson, , Johnson, Truss Organizations: OTTAWA, International Trade, REUTERS, European Union, British, Bloomberg, EU, Pacific Partnership Locations: Britain, Canada, Westminster, London, Ottawa
LONDON (Reuters) - The dollar slipped against a basket of currencies on Friday and was set to end the week on a loss, while riskier currencies were set for weekly gains, buoyed by improved risk appetite following COVID-19 vaccine progress and Joe Biden’s U.S. election victory. But by midday GMT, the dollar had resumed falling, down 0.1% on the day at 92.288 at 1203 GMT in a quiet day for currency markets. The dollar has fallen for eight out of the last 10 sessions, as currency traders’ appetite for risk increased. The Australian dollar - seen as a liquid proxy for risk appetite - is having its best month versus the U.S. dollar since April, in terms of percentage change AUD=D3. The New Zealand dollar hit new 2-year highs of 0.6949 NZD=D3, helped by positive risk appetite.
Persons: Joe Biden’s, Rick Wilking, Steven Mnuchin, Pfizer Inc PFE.N, Kenneth Broux, “ We’re, , , Broux, Heger, Donald Trump, Bitcoin Organizations: REUTERS, Republican, Democratic, Pfizer Inc, Pfizer, BioNTech, Societe Generale, European Union, ING, European Central Bank, Australian, U.S, New Zealand, Reserve Bank of New Zealand, BTC Locations: Westminster , Colorado, London, United States, 22UAy.DE, Europe, Hungary, Poland, ., Michigan
LONDON (Reuters) - Scottish police have handed the results of an initial investigation to prosecutors into whether lawmaker Margaret Ferrier broke COVID-19 rules because she made a long train journey after testing positive for the virus. “We have submitted an initial assessment of the circumstances to Crown Office and Procurator Fiscal Service and are carrying out further enquiries under their direction,” Police Scotland said in a tweet. Ferrier learned that her test was positive at the end of September after she had spoken in Britain’s parliament at Westminster. She has apologised for then taking the train more than 400 miles back to Scotland, a move for which her Scottish National Party (SNP) suspended her. It is mandatory in England for people to self-isolate if they test positive for COVID-19.
Persons: Margaret Ferrier, COVID, Ferrier Organizations: Scottish, Office, Fiscal, ” Police Scotland, Westminster, Scottish National Party Locations: Scotland, England
BALLINA, Ireland — Some 3,000 miles east of Delaware, nestled inland from Ireland's wild Atlantic coast, lies the small town of Ballina, the ancestral home of President-elect Joe Biden. Blewitt emigrated after the Irish Potato Famine of the 1840s to Biden's birthplace of Scranton, Pennsylvania, now a sister city of Ballina. Clodagh Kilcoyne / ReutersBut Biden's Irish roots, although a boon for Ballina, may be causing some in London to bristle. After officially leaving in January this year, Johnson's government is now in the midst of negotiating a trade deal with the bloc. Biden has cautioned London to honor the 1998 agreement or there could be no separate post-Brexit U.S. trade deal, which Westminster craves.
Persons: Joe Biden, Biden, Edward Blewitt, Ireland's, Mary Robinson, Blewitt, Joe Blewitt, Barack Obama, Laurita Blewitt, Clodagh Kilcoyne, Boris Johnson, Micheál Martin, Bill Clinton, Deirdre, Charles McQuillan, Johnson, London, Biden's, Simon Coveney, Martin Organizations: Census, NBC News, Biden, White House, Democratic U.S, Reuters, British, Irish, European Union, Ireland, Northern, Westminster, tweeting, NBC Locations: BALLINA, Ireland, Delaware, Ballina, County Mayo, U.S, County Louth, Scranton , Pennsylvania, America, Ballina , Ireland, London, Northern, Britain, Northern Ireland, United Kingdom, United States
UK Labour's ex-leader kept out of parliamentary ranks over anti-Semitism row
  + stars: | 2020-11-18 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
FILE PHOTO: Britain's Labour Party leader Jeremy Corbyn arrives for the annual Commonwealth Service at Westminster Abbey in London, Britain March 9, 2020. REUTERS/Henry Nicholls/File PhotoLONDON (Reuters) - The former leader of Britain’s Labour Party, Jeremy Corbyn, will not be restored as a Labour Member of Parliament (MP) after he undermined efforts to tackle anti-Semitism, the current Labour leader Keir Starmer said on Wednesday. Corbyn was re-admitted to the party on Tuesday after being suspended for comments seen to be downplaying a report critical of Labour’s handling of anti-Semitism complaints under his leadership. However, Starmer refused to re-admit him to the Parliamentary Labour Party, meaning he would not officially represent Labour in parliament and would continue to be classed as an “independent” MP. “In those circumstances, I have taken the decision not to restore the whip to Jeremy Corbyn,” he said, using a term of parliamentary procedure.
Persons: Jeremy Corbyn, Henry Nicholls, Keir Starmer, Corbyn, energised, Starmer, “ Jeremy Corbyn’s, ” Starmer, , Organizations: Britain's Labour Party, Commonwealth Service, Westminster Abbey, REUTERS, Britain’s Labour Party, Labour, of, Parliamentary Labour Party, , Human Rights, Labour Party Locations: London, Britain
Small indoor gatherings are driving new transmission in the US, according to Dr. Anthony Fauci, the US's top infectious-disease expert. Business Insider collected advice from six public-health experts about how to celebrate holidays with caution. So, I encourage family gatherings," Monica Gandhi, a professor of medicine at the University of California, San Francisco, told Business Insider. Some experts cancelled their plans entirelyThe Fauci family isn't gathering for Thanksgiving this year. That said, Hodcroft added, "if you're able to do a small family or housemate holiday period this year, that's still the best choice."
Persons: Anthony Fauci, Fauci, Monica Gandhi, Caitlin Ochs, Emma Hodcroft, Hodcroft, Getty Gandhi, Gandhi, Amanda Mae Simanek, Rebecca Harrington, Tom Bui, Jeff Gritchen, Al Drago, Francis Collins, Michael Osterholm, Osterholm, Andrew Cuomo, that's, Giulia Baini, Giovanna, Marco Di Lauro, Hilary Brueck Organizations: University of California, Business, Getty, University of Wisconsin -, Newsweek, MediaNews, Orange, CDC, National Institutes of Health, University of Minnesota's, Infectious Diseases Research, STAT, New York Gov, Sant'Egidio Locations: San Francisco, Brooklyn , New York, Basel, Switzerland, Granny's, University of Wisconsin - Milwaukee, Chicago , Illinois, Dieu Ngu, Westminster , California, East, Washington , DC, New, Rome, Italy
Half of consumers plan to buy pet supply gifts over the holidays. All the coronavirus pet adoptions have led to booms for pet supply stores. Half of the consumers surveyed by consulting firm Deloitte plan to buy pet supplies or food while shopping for the holidays this year. Nearly a quarter of shoppers said that they will buy pet toys, decor, or accessories as a gift, on average spending $90 on pet supplies over the holidays. Pet spending was already on the rise, and the $53 billion US pet supply industry is expected to reach $64 billion within four years, CNBC reported.
Persons: Rod Sides, we've, Allison Rynne, Muttropolis, NRF, Read, Chewy, Sumit Singh, Kristen Peck, Zoetis, Darren MacDonald Organizations: Deloitte, CNBC, National Retail Federation, Walmart, Westminster Reuters, Rover Locations: Westminster
Republican Michelle Steel is projected to have defeated first-term Democratic Rep. Harley Rouda in the state's 48th Congressional District, Insider and Decision Desk HQ can report. The district is located in Orange County, the third-most populous county in California, and has been trending Democratic in recent election cycles. CA-04CA-10CA-21CA-22CA-25CA-39CA-45CA-48CA-50CA-53 HouseRepublican Michelle Steel is projected to have defeated first-term Rep. Harley Rouda to represent California's 48th Congressional District in an upset win, Insider and Decision Desk HQ can report. The 48th District is in a group of Orange County districts that have rapidly trending Democratic in recent election cycles. Orange County, once the homeland of staunch Reagan Republicans, has seen its voters turn away from the GOP under President Donald Trump.
Persons: Republican Michelle Steel, Harley Rouda, Rouda, Dana Rohrabacher, Michael Bloomberg, George W, Bush, Steel, Donald Trump, Mitt Romney, Hillary Clinton, Ball Organizations: Republican, Democratic, Congressional District, Alabama Alaska, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode, South, South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington, South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin, Chevron, Realtors, Orange County Register, House Transportation, Infrastructure, Supervisors, California State, of Equalization, Pacific Islanders, Congressional, Reagan Republicans, GOP, Daily, Center for Responsive Politics, Inside Elections, University of Virginia Center for Politics Locations: Orange County, California, Alabama Alaska Arizona Arkansas California Colorado Connecticut, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon, South Carolina South Dakota Tennessee Texas Utah Vermont, South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia, South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming, California's, Orange, COVID, Korean, President's, Los Angeles, Huntington Beach, Laguna Beach, Fountain Valley, Costa Mesa, Newport Beach, Seal, Laguna, Westminster, Santa Ana, Aliso Viejo, Garden Grove, Midway City
Riskier currencies maintain gains vs dollar on Biden election win
  + stars: | 2020-11-08 | by ( Olga Cotaga | ) www.reuters.com + 0.00   time to read: +4 min
REUTERS/Rick Wilking/File PhotoScandinavian currencies and the Australian dollar - all very sensitive to international trade developments and investors’ risk appetite - were stronger. The Norwegian crown was not far behind, rising by 0.5% against the dollar to 9.1135, after hitting a seven-week high of 9.1020. The Aussie dollar rose 0.4% at 0.7286 versus its U.S. counterpart, having hit earlier 0.7301, its highest since Sept. 21. The U.S. dollar hit earlier a 10-week low as investors heralded Biden’s election win by buying trade-exposed currencies on expectations that a calmer White House could boost world commerce and that monetary policy will remain easy. The U.S. dollar index - which compares the greenback against a basket of currencies - was steady at 92.21, after dropping to a 10-week low of 92.12.
Persons: Joe Biden’s, Rick Wilking, , , Neil Jones, ” Jones, Biden, Sterling, Michael McCarthy, Donald Trump, Christine Lagarde Organizations: REUTERS, Australian, Mizuho, U.S ., U.S, Federal, European Central Bank Locations: Westminster , Colorado, Norwegian, Swedish, European, Pennsylvania, Georgia, Sydney, United States
U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. However, the two men are tied in some key states, according to the latest Reuters/Ipsos poll, suggesting it may not be a slam dunk. Traders, bankers and wary fund managers told Reuters they are preparing for a wide range of outcomes. Another global lender hired its own polling firm to check popular assumptions and prepare for unforeseen possibilities, an executive there said. Since banks began preparing for the election, polls and circumstances have shifted several times – making lenders more jittery about any assumptions, even days before the event.
Persons: Rick Wilking, Democrat Joe Biden, Donald Trump, Biden, , , Peter Kraus, Kraus Organizations: Reuters, White House, REUTERS, Democrat, Republican, Traders, Wall, Goldman Sachs, Inc, REUTERS/Rick Wilking, New York, London, Reuters Locations: HONG KONG, Westminster , Colorado, New York, London, Paris, Hong Kong
We are buzzed in and directed up a short path to Hockney's studio, a building set aside from his home. David Hockney at 80: A rare encounter with the artistThe studio -- a long, white, airy space with a staircase leading up to a gallery -- is a converted paddle tennis court. "Mr. and Mrs. Clark and Percy" (1970-1971) by David Hockney Credit: Tate“ I think in painting you can do things you can't do in photography. ” David Hockney"Christopher Isherwood and Don Bachardy" (1968) by David Hockney Credit: Tate, David Lambert and Rod TidnamThroughout the interview Hockney is his usual chatty, funny, contrary, bee-in-his-bonnet self. "Man in Shower in Beverly Hills" (1964) by David Hockney Credit: Tate"Domestic Scene Los Angeles" (1963) by David Hockney Credit: Private collection'I feel 30 in the studio'It's difficult to imagine Hockney not working.
Persons: David Hockney's, David Hockney, Hockney, We've, ” David Hockney, I'm, hasn't, Hockney's, Gregory Evans, Gregory wouldn't, Jenni Carter, It's, Clark, Percy, Edvard Munch, Christopher Isherwood, Don Bachardy, David Lambert, Rod Tidnam, Kitaj, Cecil Beaton, wasn't, Lucian Freud, Freud, Francis Goodman, Madame, I've, Tate, Marc Newson, David, Francesca Church, Oliver Dann, Ana Rosado, Emir Eralp, Aaron Darveniza, Fiona Sinclair Scott, David Hockney, Gregory Evans Organizations: Hollywood, Pace, Times, David Hockney Credit, Art, New, London's Tate, Pompidou Centre, Metropolitan Museum of Art, London's Royal College of Art, Merit, Westminster Abbey, Hulton, Madame Tussaud's, Keystone, Getty, Yes, CNN's Francesca Church, Oliver Dann, Ana Rosado, Emir Eralp Locations: Sunset, New York, cardigan, New South Wales, London's, London's Tate Britain, Paris, Yorkshire, Bradford, West Yorkshire, England, Beverly Hills, Westminster, Bayswater, Sunset
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