Forex - Spark Newswire

2 minute read

Nasdaq, S&P 500 Surge Ahead Of Market Open As US Stocks Look To Fight Back After Sell-Off: Nike And Peers In Focus

Yesterday, 7:01 AM

The major U.S. index futures point to a positive start on Friday, reversing the sharp declines in the previous session. The week witnessed see-sawing movement in the market and it remains to be seen if the indices can rally hard to close the week in the green.

DECK

1 minute read

British Pound Erases Gains Against the Dollar After Reports the UK Won’t Ask the Fiscal Watchdog to Speed Up Its Economic Forecast

By Charles Gross

Yesterday, 6:58 AM

-Bloomberg https://twitter.com/business/status/1575801728779386880

EWU

1 minute read

‘Bank of England warns of ‘significant’ rate rises as pound slumps again’ -Evening Standard

By Bill Haddad

September 27, 12:30 PM

https://www.standard.co.uk/news/uk/bank-of-england-interest-rates-will-rise-kwasi-kwarteng-inflation-b1028549.html?utm_medium=Social&utm_source=Twitter#Echobox=1664296114-1

EWU

2 minute read

British Pound Weakness Far From Over? Options Market Positions Indicate Currency Will Fall To $1 Or Below

By Bhavik Nair

September 27, 12:21 AM

After the British pound tumbled to its record low on Monday following the U.K.

FXB

2 minute read

Just DON’T Do it! As The Dollar Get Stronger, Nike’s Earnings Get Weaker

By AJ Fabino

September 26, 3:17 PM

The U.S. Dollar Index (DXY), which measures the strength of the dollar against a host of major currencies, is reaching 20-year highs and that's bad news for businesses like Nike Inc (NYSE: NKE), which releases earnings on Thursday.

NFLX

3 minute read

S&P 500 On The Brink Of Hitting New Lows As British Pound Collapses

By Wayne Duggan

September 26, 2:56 PM

The S&P 500 added to last week's losses on Monday as the index drifted closer toward its June intraday low of 3,636.87.

SPY

2 minute read

British Pound Drops To All-Time Lows: ‘Existential Crisis Is Looming’

By Wayne Duggan

September 26, 11:10 AM

The iShares MSCI United Kingdom ETF (NYSE: EWU) traded lower by another 0.8% on Monday and is now down 7.5% overall in the last five days as investors continue to react to

EWU

2 minute read

Apple Feels Forex Pinch: Apps, In-App Purchases Set To Get Costlier In These Regions Next Month

By Shanthi Rexaline

September 20, 1:57 AM

Apple, Inc. (NASDAQ: AAPL) plans to hike the prices of apps and in-app purchases on the App Store in Asian and European countries as early as next month, a communication by the company to developers showed.

AAPL

2 minute read

Almost Half Of Americans Want To Install Solar Panels. This Stock May Jump 30% Because Of It

By AJ Fabino

September 19, 4:19 PM

Many Americans are looking for ways to save money and protect the environment as the threat of climate change intensifies and inflation rates surge to their highest levels since 1982.

SPWR

2 minute read

iPhone 14 Series Will Be Pricier In Japan And South Korea But Not China — Here’s Why

By Bhavik Nair

September 12, 2:10 AM

Japanese and South Korean consumers will have to shell out relatively more for the latest iPhones this year compared to last year’s model as currencies of both these countries have depreciated significantly against the dollar.

AAPL