currencies

Accenture tempers 2022 profit view due to stronger dollar

IT services company Accenture Plc forecast fourth-quarter revenue below expectations and tempered its fiscal 2022 profit forecast on Thursday, threatened…

3 years ago

Analysis: Investors say Asia a safe place as Fed hikes but premature to jump in

Asia's emerging economies are better placed than most other regions to weather a bout of turbo-charged U.S. policy tightening, analysts…

3 years ago

Dollar drives higher, yen tumbles to 1998 lows

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a…

3 years ago

Dollar rides to two-decade highs as rates rise; euro struggles

The dollar climbed to its highest levels in two decades on Monday as a combination of rising U.S. Treasury yields…

4 years ago

With inflation, gold notes and cards find their way into America’s wallet

With inflation running at its highest levels in four decades, Utah business owner Steve Allred is concerned about the declining…

4 years ago

Cryptoverse: 10 billion reasons bitcoin could become a reserve currency

A crypto platform's pledge to amass $10 billion worth of bitcoin to back its own "stablecoin" is firing up the…

4 years ago

Analysis: Investors see risks spiking, fear market-wide liquidity crunch

Wild swings in asset prices following Russia's invasion of Ukraine are prompting some investors to pare risk in their portfolios,…

4 years ago

Analysis: Investors see risks spiking, fear market-wide liquidity crunch

Wild swings in asset prices following Russia's invasion of Ukraine are prompting some investors to pare risk in their portfolios,…

4 years ago

Swatch Group returns to profit, sees strong sales ahead

Swiss watchmaker Swatch Group (UHR.S) said it expected double-digit sales growth in local currencies this year after sales and profits recovered in…

4 years ago

Barclays, RBS, HSBC, Credit Suisse fined 344 mln euros for forex cartel

European Union antitrust regulators fined Barclays (BARC.L), Credit Suisse (CSGN.S), HSBC (HSBA.L) and RBS (NWG.L) a total of 344 million euros ($390 million) on Thursday for…

4 years ago
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