Many companies try to blame their poor earnings on the U.S. dollar. Don’t believe it.

[ad_1] The U.S. dollar has become an all-too-convenient whipping boy for S&P 500 SPX, -0.10% corporations trying to explain why their earnings have come up short. You should take such explanations with a healthy grain of salt. The U.S. Dollar Index DXY, +0.98% has declined in recent months. Yet regardless of whether the the index … Read more

Dollar perks up as traders await U.S. jobs numbers By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Harry Robertson LONDON (Reuters) – The dollar rose slightly on Friday, sustaining some momentum after jumping in the previous session following a raft of central bank decisions in Europe. Trading was relatively subdued as … Read more

Asian stocks pull back, dollar regains footing ahead of U.S. payrolls data By Reuters

[ad_1] © Reuters. Men walk past an electric board displaying Nikkei and other countries’ indexes outside a brokerage in Tokyo, Japan January 16, 2023. The characters on the screen reads,”government bonds”. REUTERS/Kim Kyung-Hoon By Stella Qiu SYDNEY (Reuters) – Asian shares turned lower and the dollar regained some of its footing on Friday, as disappointing … Read more