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The Confounding US Dollar We often refer to the US dollar as the lynchpin of global markets. This is because global trade is done in dollars, commodities are priced in dollars, and the greenback is the world's reserve currency and largest source of global funding… The path of the dollar affects nearly every other asset in some way, ...
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Philips Drops as Quarterly Profit Disappoints on Currencies Philips gets about a third of its sales from North America, and like other European companies that sell in the U.S., it's feeling the effect of the U.S. currency's weakness against the euro. The Amsterdam-based company has pledged to improve profit margins after refocusing its business on health-care ...
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Bitcoin bites back Bitcoin was the first digital currency to be adopted by the public and have long-term value. However, as more people became aware of the market, the more other digital currencies known as "altcoins" began popping up. Many altcoins serve the same purpose as bitcoin, but fixed some of the problems ...
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