NEW YORK (Reuters) – The negative impact of currency fluctuations on North American company results fell sharply in 2020’s third quarter, reversing an upward trend,…
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Sturdy dollar casts a shadow over emerging markets, BIS says
LONDON (Reuters) – A stronger U.S. dollar will increasingly weigh on emerging- market economic prospects, since developing countries have taken on so much dollar-denominated debt…
Biden says he has picked a Treasury secretary who will please all Democrats
U.S. President-elect Joe Biden speaks to reporters following an online meeting with members of the National Governors Association (NGA) executive committee in Wilmington, Delaware, U.S.,…
Column: Will Biden have a 'strong dollar' mantra?
(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own.)FILE PHOTO: A U.S. dollar note is seen…
Dollar's strength to be short-lived; volatility and weakness ahead – Reuters poll
BENGALURU (Reuters) – The recent surge in the U.S. dollar will last less than three months, according to a majority of foreign exchange strategists polled…
U.S. dollar chains report profit surge as downturn makes shoppers thrifty
(Reuters) – America’s biggest dollar store chains reported better-than-expected quarterly profit on Thursday, as cash-strapped consumers sought lower priced groceries and household items in a…
Dollar Tree beats quarterly sales estimates
(Reuters) – Dollar Tree Inc (DLTR.O) beat quarterly sales expectations on Thursday, as the discount retailer benefited from higher demand for affordable groceries and other…
As dollar slides, some investors fret about its status as world's reserve currency
NEW YORK (Reuters) – Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially accelerating…
Why ‘dollar stores’ have returned to Cuba
Benito Morejón arrived at the supermarket before dawn to claim a spot near the front of the queue. The supermarket in Havana is one of…
Battered U.S. dollar 'hanging by a thread' as coronavirus cases grow
NEW YORK (Reuters) – A steady decline in the dollar has accelerated in recent weeks, as a resurgent coronavirus outbreak in the United States and…