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Daimler sees currency effects tempering Mercedes revenue growth Daimler's Chief Financial Officer Bodo Uebber said the company now expected currency burdens related to the strong euro to cause a hit of more than 1 billion euros this year, even though the company stuck to its full-year earnings targets. Foreign exchange effects also hit earnings at French rival and ...
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Digital Currency Growth Coincides with Cryptojacking Surge The growth in digital currency values is happening alongside a rise in cryptojacking incidents, software provider Shasta QA claims. Shasta noted in a press release that cryptocurrency prices - particularly of market leaders like Bitcoin, Litecoin, Ripple, and Ethereum - have ballooned over the past few ...
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European Currencies Crushed as Faltering Growth Quashes Optimism ''That's one thing the data has done, it really has chased away the overly hawkish nature of commentary that was out there," said Jane Foley, head of currency strategy at Rabobank in London. "Consistent with that, the outlook for euro is a little more deflated given that the market is already very long.".
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WEB | ||||||
Serious Confusion on Currency and the Dollar at the NYT The NYT had a seriously confused column by Lan Cao on U.S. on U.S. trade policy. The piece touts the dollar's role as the world's leading currency, highlighting the fact that most oil is traded in dollars. In reality the need of countries to get dollars to buy oil is trivial. If a country does not otherwise want to ...
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