Dollar gains some ground

The dollar rose against the euro this morning, trading at $1.4743, up from $1.4841 yesterday.
NOV 29, 2007
By  Bloomberg
The dollar rose against the euro this morning, trading at $1.4743, up from $1.4841 yesterday. As of 11 a.m., the dollar was trading at $1.4771 against the euro, according to a Forex live stream chart. U.S. currency this year has fallen 11% on a trade-weighted basis, but with the Federal Reserve’s Beige Book release indicating continued U.S. economic growth over the past two months, analysts are now expecting credit risk to ease and the dollar to stabilize, according to published reports. The dollar improved to $2.0608 against the pound, from $2.0823. The Japanese yen also gained against the euro, trading at 161.96 from 163.32, and trading 226.39 from 229.13 against the pound; the dollar traded at 109.85, improving from 110.03.

Latest News

Married retirees could be in for an $18,100 Social Security cut by 2032, CRFB says
Married retirees could be in for an $18,100 Social Security cut by 2032, CRFB says

A new analysis finds long-running fiscal woes coupled with impacts from the One Big Beautiful Bill Act stand to erode the major pillar for retirement income planning.

SEC bars New Jersey advisor after $9.9M fraud against Gold Star families
SEC bars New Jersey advisor after $9.9M fraud against Gold Star families

Caz Craffy, whom the Department of Justice hit with a 12-year prison term last year for defrauding grieving military families, has been officially exiled from the securities agency.

Navigating the great wealth transfer: Are advisors ready for both waves?
Navigating the great wealth transfer: Are advisors ready for both waves?

After years or decades spent building deep relationships with clients, experienced advisors' attention and intention must turn toward their spouses, children, and future generations.

UBS Financial loses another investor lawsuit involving Tesla stock
UBS Financial loses another investor lawsuit involving Tesla stock

The customer’s UBS financial advisor allegedly mishandled an options strategy called a collar, according to the client’s attorney.

Trump's one big beautiful bill reshapes charitable giving for donors and advisors
Trump's one big beautiful bill reshapes charitable giving for donors and advisors

An expansion to a 2017 TCJA provision, a permanent increase to the standard deduction, and additional incentives for non-itemizers add new twists to the donate-or-wait decision.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.