dChan
Anonymous ID: dff1a1 July 23, 2020, 8:20 a.m. No.10054963   🗄️.is đź”—kun   >>5201 >>5302

U.S. dollar skids to four-month low; euro continues rise

 

The dollar dropped to a more than four-month low on Thursday, as investors continued to sell the buck on expectations the U.S. economy will likely underperform its peers in the developed world with the surge in new coronavirus cases. By contrast, the euro held gains after hitting a nearly two-year high above $1.16 on Wednesday.

 

A rise in U.S. jobless claims in the latest week, the first time in four months, also added to the dollar’s woes, as a persistent increase in COVID-19 cases has derailed the labor market and dampened consumer demand. In midmorning trading, the index that measures the dollar against major currencies was down 0.1% at 94.934 =USD, after hitting its lowest since March 9. The dollar index has lost nearly 8% since its March 20 peak, when a global dollar funding crunch saw a surge in demand.

 

Against the safe-haven Japanese yen, the dollar was flat at 107.14 JPY=EBS.

 

The euro EUR=EBS was up 0.1% at $1.1581, just below a 21-month high of $1.1601 hit earlier on Wednesday amid agreement on a European recovery fund.

 

The Australian dollar AUD=D3 retreated from a 15-month peak against the greenback to around US$0.7105, down 0.5%, while the New Zealand dollar NZD=D3 fell 0.4% to US$0.6637, just below Wednesday's six-month top of US$0.6678.

 

Elsewhere, China's offshore yuan partially recovered losses from an earlier slide against the U.S. dollar, which was last down 0.1% at 7.009 yuan CNH=EBS. U.S.-China ties have deteriorated this year over issues ranging from the new coronavirus and telecoms gear maker Huawei, to China’s territorial claims in the South China Sea and Hong Kong crackdown.

 

The United States gave China until Friday to close its consulate in Houston following allegations of spying.

https://www.reuters.com/article/uk-global-forex/u-s-dollar-skids-to-four-month-low-euro-continues-rise-idUSKCN24O05T

https://www.marketwatch.com/investing/index/dxy

This is a large driver of why metals prices are where they are at.

 

Gold prices approach highest settlement in history as silver futures take a breather

 

Gold prices looked set to extend a win streak to a fifth straight session on Thursday, bringing the yellow metal within shouting distance of a historic settlement peak around $1,900 an ounce, highlighting feverish demand for bullion amid the worst pandemic in over a century. Gold for August delivery GC00, 1.07% on Comex rose $7.40, or 0.4%, at $1,872.50, after the metal gained 1.5% in the previous session. Prices based on the most-active contracts, haven’t traded or settled at levels this high since September 2011 but the commodity is closing in on its highest settlement on record at $1,891.90 from August of that year, FactSet data show. Prices for silver eased back Thursday. The September contract SIU20, -0.80% fell 38 cents, or 1.6%, to $22.765 an ounce, after surging 7.4% on Wednesday to extend a climb to its highest levels since 2014 after a 6.8% rally on Tuesday.

https://www.marketwatch.com/story/gold-prices-approach-highest-settlement-in-history-as-silver-futures-take-a-breather-2020-07-23?mod=mw_quote_news

https://www.marketwatch.com/investing/future/GC00

https://www.kitco.com/charts/livegold.html

https://www.kitco.com/charts/livesilver.html

Anonymous ID: dff1a1 July 23, 2020, 8:51 a.m. No.10055164   🗄️.is đź”—kun   >>5171 >>5201 >>5302

Zillow Group,Inc. sold by CEO: $39.63m-July 20,21,22

 

Zillow Group, Inc. owns and operates a portfolio of real estate and home related brands on mobile and Web. The Company's brands focus on all stages of the home lifecycle: renting, buying, selling and financing. The Company also provides consumers with data to find around homes, and connects them with the local professionals to help. The Company’s portfolio of consumer brands includes real estate and rental marketplaces Zillow, Trulia, StreetEasy, HotPads, Naked Apartments and RealEstate.com. In addition, Zillow Group provides a comprehensive suite of marketing software and technology solutions to help real estate, rental and mortgage professionals. The Company operates a number of business brands for real estate, rental and mortgage professionals, including Mortech, dotloop and Bridge Interactive. Number of employees : 5 249 people.

https://www.marketscreener.com/ZILLOW-GROUP-INC-20814107/company/

 

Richard Barton is an American internet entrepreneur and the chief executive officer of Zillow Group. Barton founded online travel company (and Microsoft spinoff) Expedia, Inc., real-estate internet company Zillow, and job search engine and career community Glassdoor. He also founded the online travel photography sharing site Trover, which was acquired by Expedia in 2016. Barton was also a venture partner at Benchmark, and is on the board of directors for Netflix and Artsy.

https://en.wikipedia.org/wiki/Rich_Barton

https://www.finviz.com/insidertrading.ashx?oc=1184230&tc=7&b=2