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.
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
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.
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.
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.
Firms listed in the United Kingdom are likely to make dividend payments to the tune of $115 billion this year as sterling’s weakness is expected to push up the translated value of dollar-declared payouts, according to Reuters, which cited a report by analytics company <