Forecasts: Dollar to Gain Against Most Peers in 2016
Sydney — The dollar will strengthen against all its Group-of-10 peers except the pound and Canadian currency in the first quarter, while New Zealand’s kiwi will be the worst performer, according to analyst forecasts. The greenback has advanced against eight of its G-10 counterparts since the end of September as the Federal Reserve raised interest rates and futures signal 55 percent odds another increase will take place by April. The...
Supercomputer Maker Advances Weather Forecasts
Seattle — When you pull up the weather forecast on your smartphone or check online to see if a storm is coming tomorrow, you likely have a Seattle company to thank for the predictions. Supercomputer company Cray recently signed another big contract to provide computing power to another major weather center. Under the agreement, Cray’s technology will power weather forecasts from the Swiss Federal Office of Meteorology and Climatology....
