British Pound Drops To All-Time Lows: ‘Existential Crisis Is Looming’
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 Feels Forex Pinch: Apps, In-App Purchases Set To Get Costlier In These Regions Next Month
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.
Almost Half Of Americans Want To Install Solar Panels. This Stock May Jump 30% Because Of It
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.
iPhone 14 Series Will Be Pricier In Japan And South Korea But Not China — Here’s Why
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.
EXCLUSIVE: What’s Going On In Argentina? Technical Analyst Carlos Maslatón Dives In
Sergio Massa has assumed a central role in the management of the executive power in Argentina, taking control of three central ministries &mdash
Weak Pound Could Push UK-Listed Firms’ Dividend Payout To $115B This Year
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 <
Dollar Pares Losses Against Major Peers As Potential 75 Bps Fed Rate Hike Looms
The U.S. dollar traded strongly on Monday morning, gaining against most peers ahead of a potential 75 basis points rate hike by the U.S. Federal Reserve later this week. The U.S. dollar index, which measures the greenback’s strength against a basket of currencies, traded close to 106.64, below its two-decade high of 109.29 recorded in early July.
Crucial Thursday: EUR/USD Traders Await Flowing Of Gas From Russia To Germany With Bated Breath
After breaching parity last week for the first time in twenty years, the downtrend in the EUR/USD pair has taken a pause but is still hovering around the lows ahead of a crucial Thursday when the gas flow from the Nord Stream pipe to Germany from Russia is supposed to resume.
China Considers Extending Trading Hours for Onshore Yuan
-Reuters
https://www.reuters.com/article/china-yuan-trading/china-considers-extending-trading-hours-for-onshore-yuan-sources-idINP8N2X500O