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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Pacifica yoga studio holds mask-free classes despite state guidelines

PACIFICA, Calif. (KRON) – A Pacifica hot yoga studio is catching heat online because it’s allegedly breaking health guidelines.

The owner of Pacifica Beach Yoga is holding yoga classes without face covering requirements.

The yoga studio held several hot yoga classes on Monday. The owner spoke to KRON4 over the phone and he confirms that no masks are worn during his classes despite state and county guidelines.

Pacifica Beach Yoga in Pacifica posted on social media advertising hot yoga classes on Monday, including hashtags ‘mask free,’ ‘fear-free,’ ‘virus-free,’ ‘coward free,’ and ‘Trump 2020,’ among others. 

While the owner’s known for adding his political views on his business page, that’s not the issue. 

The issue residents and leaders have is that the owner’s mask-shaming and breaking state health requirements.

“Blatant disregard of the rules or warrants and it saddens me to know that someone because of their political beliefs may be

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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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Trump Jr holds packed indoor rally days after dad’s COVID-19 diagnosis

  • Donald Trump Jr., the son of President Donald Trump, held a packed indoor campaign rally in Panama City Beach, Florida, on Thursday. 
  • Dozens of people in the audience were filmed standing shoulder to shoulder, with few wearing masks — going against public-health guidance on social distancing.
  • The rally took place a week after President Trump tested positive for the coronavirus. He is isolating at the White House but said he hopes to speak at a rally on Saturday.
  • Visit Business Insider’s homepage for more stories.

Donald Trump Jr. held a packed, indoor rally in Panama City Beach, Florida, on Thursday, with footage showing the crowd standing shoulder to shoulder, with few wearing masks.

The rally, which took place in a Holiday Inn hotel, came one week after President Donald Trump tested positive for the coronavirus.

The president spent three nights being treated at Walter Reed medical center, then returned to

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