Tag Archives: Dollar

(Bloomberg) — The dollar rallied and stocks dropped alongside Wall Street equity futures with expectations of steeper US rate hikes growing after comments by two Federal Reserve officials. Most Read from Bloomberg The Bloomberg dollar gauge rose as much as 0.5%, erasing its losses for the year, while benchmark Treasury …

Gold prices fell on Wednesday, touching the lowest intraday level since early January, as the U.S. dollar strengthened following the release of Tuesday’s U.S. consumer price index report. The CPI data showed inflation falling only slowly, suggesting the Federal Reserve will need to raise borrowing costs further. Price action Gold …

Coca-Cola Co. KO 1.64% said profit fell in the fourth quarter from a stronger dollar, while revenue rose 7% as higher prices offset a decline in sales volume. For the current year, Coke expects sales growth to slow, with organic revenue, which strips out the effects of foreign-currency fluctuations, acquisitions …

Subscribe to the Elements free mailing list for more like this Visualizing Currencies’ Decline Against the U.S. Dollar This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week. In a highly volatile and difficult year for many …

The $16 Trillion European Union Economy The European Union has the third-largest economy in the world, accounting for one-sixth of global trade. All together, 27 member countries make up one internal market allowing free movement of goods, services, capital and people. But how did this sui generis (a class by …