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Fox Business Flash top headlines for August 6 Check out what’s clicking on FoxBusiness.com. TOKYO – The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned for an earlier tapering of Federal Reserve stimulus. The greenback strengthened as far as $1.1742 to the single currency , extending a 0.6% pop from Friday, when a strong U.S. jobs report stoked bets that a reduction in asset purchases could start this year and higher interest rates could follow as soon as 2022. The dollar index , which tracks the U.S. currency against six rivals, rose to a two-week top 92.915. EXTRA UNEMPLOYMENT BENEFITS TO END FOR 7.5M WORKERS IN SEPTEMBER The dollar also hit an almost two-week high of 110.37 yen . “U.S. payrolls were a game-changer,” Chris Weston, head of research at brokerage Pepperstone in Melbourne, wrote in a client note. The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned for an earlier tapering of Federal Reserve stimulus. Photo by Pavlo Conchar/SOPA Images/LightRocket via Getty Images The dollar index is eyeing a close above 93, while the currency could head for $1.1704 per euro, Weston wrote, adding that it could climb further versus the yen too should U.S. yields continue to tick higher. The benchmark 10-year Treasury yield jumped 8 basis points on Friday to a two-week
during the same period in 2020. Sanderson got its start in 1947 as a farm-supply store. Joe Sanderson, the founder’s grandson, has been the company’s chief executive since 1989 and chairman since 1998. He owns approximately 3.7% of the company’s shares, according to a regulatory filing. Wayne Farms was founded in 1895 as a feed-milling company and later expanded into poultry. Continental bought the company in 1981, and in 2015 announced plans for an initial public offering for Wayne, aiming to consolidate smaller private and family-owned chicken companies. Continental shelved the planned IPO after avian influenza outbreaks killed millions of birds, raising costs for U.S. poultry and egg suppliers. CLICK HERE TO READ MORE ON FOX BUSINESS Closely held Cargill, a 156-year-old company with 155,000 employees in 70 countries, is one of the world’s biggest food suppliers. It buys crops, trades sugar and cotton and processes meat, supplying some of the world’s biggest consumer brands and restaurant chains. The Minnesota-based company is a major chicken supplier in Asia and has other poultry operations in Canada, the U.K. and in Latin America. New York-based Continental invests in food and agriculture companies including giants like Kraft Heinz Co. KHC 0.70% and Burger King parent Restaurant Brands International Inc. QSR -0.42%
high of 1.3053%. There was no trading in Tokyo on Monday with Japan shut for a national holiday. Singapore markets were also closed. Friday’s non-farm payroll report showed jobs increased by 943,000 in July compared with the 870,000 forecast by economists in a Reuters poll. Numbers for May and June were also revised up. The Fed has made the labor market recovery a condition of tighter monetary policy, and most officials back the view that a jump in inflation will prove transitory, though there is debate over how prolonged it could be. CLICK HERE TO READ MORE ON FOX BUSINESS Traders will be keenly watching a U.S. consumer price report on Wednesday. Last week, Fed Vice Chair Richard Clarida suggested that conditions for hiking interest rates might be met as soon as late 2022. The dollar rallied against its Australian and New Zealand counterparts on Monday, jumping 0.3% to as high as $0.7330 per Aussie and up 0.4% to $0.6980 per kiwi .
Product detail:
Suitable for Women/Men/Girl/Boy, Fashion 3D digital print drawstring hoodies, long sleeve with big pocket front. It’s a good gift for birthday/Christmas and so on, The real color of the item may be slightly different from the pictures shown on website caused by many factors such as brightness of your monitor and light brightness, The print on the item might be slightly different from pictures for different batch productions, There may be 1-2 cm deviation in different sizes, locations, and stretch of fabrics. Size chart is for reference only, there may be a little difference with what you get.
- Material Type: 35% Cotton – 65% Polyester
- Soft material feels great on your skin and very light
- Features pronounced sleeve cuffs, prominent waistband hem and kangaroo pocket fringes
- Taped neck and shoulders for comfort and style
- Print: Dye-sublimation printing, colors won’t fade or peel
- Wash Care: Recommendation Wash it by hand in below 30-degree water, hang to dry in shade, prohibit bleaching, Low Iron if Necessary
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