Dollar index slips but holds near 3-week lows; yuan drops

By Chuck Mikolajczak

New York (Reuters) – The dollar index was little changed near three-week lows on Monday as optimism over the possibility of a COVID-19 relief bill was curbed by concern over the pandemic, while China’s yuan fell after the People’s Bank of China (PBOC) changed its reserve requirements policy.

On Sunday, the Trump administration called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small-business loan program, as negotiations on a broader package continue to run into roadblocks. A White House spokeswoman said on Monday that Senate Republicans will go along with what Trump wants in legislation.

The greenback has held within a range of about 2% over the past three weeks as talks have gone back and forth. The dollar had its biggest loss in six weeks on Friday amid rising hopes a fiscal stimulus package would be agreed to stem

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Strategy Analytics Publishes 2020 Automated Vehicle UX Index

The AV UX Index Includes Over 30 Expert User Experience Evaluations of In-Vehicle Automated Parking and Driving Assistants

Strategy Analytics – AV UX Index – Evaluating over 30 different automated parking/driving assistants on three continents, Strategy Analytics’ In-Vehicle UX (IVX) service presents its 2020 Automated Vehicle (AV) UX Index. Created from over six years of Strategy Analytics’ independent research, this proprietary ranking index provides a living status report of automakers’ efforts in automated transport, with particular focus on an OEM’s outward demonstration of how well they understand human-centered design practices.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005738/en/

Vehicle Automation In-Vehicle UX (Photo: Business Wire)

Commented Derek Viita, Report Author and Senior Analyst IVX, “Since 2015, consumer interest in driving assistants and fully automated taxis/shuttles has grown and waned in somewhat cyclical fashion. Automakers of all volumes are increasing their rollouts of ever-more-advanced automated driving assistants.

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Dollar index slips but holds near three-week lows; yuan drops

New York (Reuters) – The dollar index was little changed near three-week lows on Monday as optimism over the possibility of a COVID-19 relief bill was curbed by concern over the pandemic, while China’s yuan fell after the People’s Bank of China (PBOC) changed its reserve requirements policy.

FILE PHOTO: Chinese yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/File Photo

On Sunday, the Trump administration called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small-business loan program, as negotiations on a broader package continue to run into roadblocks. A White House spokeswoman said on Monday that Senate Republicans will go along with what Trump wants in legislation.

The greenback has held within a range of about 2% over the past three weeks as talks have gone back and forth. The dollar had its biggest loss

Read More

FOREX-Dollar index holds near 3-week lows; yuan drops

By Chuck Mikolajczak

New York, Oct 12 (Reuters)The dollar index held near three-week lows on Monday as optimism over the possibility of a COVID-19 relief bill was curbed by concern over the pandemic while China’s yuan fell after the People’s Bank of China (PBOC) changed its reserve requirements policy.

On Sunday, the Trump administration called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small-business loan program, as negotiations on a broader package continue to run into roadblocks.

The greenback has held within a range of about 2% over the past three weeks as talks have gone back and forth. The dollar had its biggest loss in six weeks on Friday amid rising hopes a fiscal stimulus package would be agreed to stem the economic fallout from COVID-19. More stimulus is seen as negative for the dollar.

“The chances of getting

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This Week: Delta earns, producer price index, retail sales

Economists forecast that U.S. wholesale prices edged higher last month.

They expect the Labor Department will report on Wednesday that its producer price index, which measures inflation before it reaches consumers, rose 0.2% in September. That would follow increases of 0.3% in August and 0.6% in July. Over the past 12 months, wholesale prices have declined 0.2% while core prices, which exclude volatile food and energy costs, are up a modest 0.6%.

Producer price index, monthly percent change, seasonally adjusted:

Americans have ramped up spending after a sharp pullback in the spring due to the pandemic, but the pace of that growth has slowed.

U.S. retail sales increased 0.6% in August. That followed increases of 0.9% in July, 8.6% in June and 18.3% in May. One reason spending growth has slowed is many people who lost jobs are no longer receiving a $600-a-week boost in their unemployment checks. Did the

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Fiverr Releases Global Small Business Needs Index, With E-Commerce, Dropshipping, and Web Development Services Topping the List

New search data reveals the most in-demand services small businesses are looking for in a post-COVID world

Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, today released its second semi-annual Small Business Needs Index. This index highlights the variety of different services that small businesses feel will help them succeed in a more online first world. The global list, backed by Fiverr search data, reveals many businesses are searching for tools and services that will help them digitally transform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201007005126/en/

Fiverr released its second Small Business Needs Index, revealing in-demand services small businesses are searching for. (Graphic: Business Wire)

2020 has without a doubt been a challenging time for small businesses as the COVID-19 pandemic has forced worldwide stay-at-home orders and subsequent business shutdowns, from gyms to restaurants and hotels to bus tours.

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