March 2015

* Dollar softer vs euro and yen, extending Friday’s pullback * Dollar bulls cautious after dovish steer from Fed last week * ECB president’s speech, Greece in focus By Ian Chua SYDNEY, March 23 (Reuters) – The dollar started trade in Asia on the defensive, after a volatile few days in the wake of the Read More

By Sinead Carew NEW YORK (Reuters) – The surging value of the U.S. dollar may be posing the biggest threat to U.S. corporate earnings since the 2008 financial crisis, hurting results at most U.S.-based multinationals. Some on Wall Street are even talking about an earnings recession.     The dollar’s gain of 22 percent in the Read More

By Sinead Carew NEW YORK (Reuters) – The surging value of the U.S. dollar may be posing the biggest threat to U.S. corporate earnings since the 2008 financial crisis, hurting results at most U.S.-based multinationals. Some on Wall Street are even talking about an earnings recession. The dollar’s gain of 22 percent in the past Read More

The Dow experienced another volatile week, rising and falling on alternate days. The blue-chip index increased on Monday following a pause in the dollar rally. The Dow declined on Tuesday as investors grew jittery ahead of FOMC’s statement regarding rate hike. The blue-chip index rebounded on Wednesday after FOMC’s policy statement indicated federal funds rate Read More

(Bloomberg) — The dollar slumped the most since October 2011 after the Federal Reserve reduced projections for interest-rate increases and expressed concern the dollar’s surge is weighing on exports and inflation. The U.S. currency fell against all of its 16 major peers as banks including HSBC Holdings Plc said the 20 percent surge since August Read More

The dollar is getting slammed. Near 12:50 p.m. ET, the US dollar index, which measures it against other major currencies, was over 1.5% lower at around 97.94.  Meanwhile, the euro is rallying against the dollar, climbing to as high as $ 1.0868.  The dollar had been surging in anticipation of higher US interest rates, which make Read More

* Euro set for best week in over two years * Wall St stocks rally; S&P set for weekly gain * Oil sharply higher despite oversupply concerns * European stocks helped after Athens’ assurances (Updates to afternoon trading, recasts lead and adds Nike results) By Ryan Vlastelica NEW YORK, March 20 (Reuters) – The U.S. Read More

The dollar index had its biggest drop in 18 months. And while Wall Street is divided over the fate of the U.S. dollar, our market panel Friday offered a crystal clear perspective. Head to FOXBusiness.com/OnCall for their bold calls on everything from U.S. treasuries to the Fed and to why you should be buying Russia Read More

In fact, while both Tiffany and Nike warned about the strong dollar, they are two very different stories, she said. “Nike has very strong underlying demand because even with double-digit declines when you factor in currency in Europe, they’re still showing growth overall overseas. That means people want to wear their shoes,” Read More

By Ryan Vlastelica NEW YORK (Reuters) – The U.S. dollar fell sharply on Friday and was on track for its biggest weekly decline against the euro in more than three years, helping to drive a rally in Wall Street stocks and crude oil. Riskier assets like equities were in general on track for a strong Read More