The euro is within reach of five-year lows and seems increasingly will approach dollar-euro parity Rome, Italy | Xinhua | The euro has continued to weaken against the U.S. dollar, approaching its lowest level in five years, due mainly to the crisis in Ukraine and the sluggish economic growth in Europe. …
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New York, U.S. | Xinhua | U.S. pharmaceutical giant Johnson & Johnson on Tuesday trimmed its forecasts on sales and adjusted earnings per share (EPS) in 2022 due to appreciation of the U.S. dollar, and suspended COVID-19 vaccine sales guidance due to a global supply surplus and demand uncertainty. Johnson & …
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Washington, U.S. | Xinhua | The U.S. national debt has surpassed 30 trillion U.S. dollars for the first time, raising concerns about future fiscal sustainability, as the Federal Reserve prepares to raise interest rates to tame inflation. The total public debt outstanding exceeded 30 trillion dollars on Monday, which included 23.5 …
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New York, U.S. | Xinhua | The U.S. dollar gained ground in late trading on Monday amid heightened demand for safe haven. The dollar index, which measures the greenback against six major peers, grew 0.28 percent to 95.9100. “The U.S. Dollar is stronger this morning as markets tumble ahead of a …
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New York, US | XINHUA | The U.S. dollar dropped noticeably in late trading on Tuesday as the euro extended gains after European Union (EU) leaders reached a deal on a massive stimulus plan for their coronavirus-battered economies. The dollar index, which measures the greenback against six major peers, fell …
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