‘King Greenback’ is making a royal feast of company earnings: Morning Temporary
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Friday, Oct. 21, 2022
My word-find operate has been going into overdrive this earnings season, searching for a number of key phrases in earnings-call transcripts: “International trade.” “Currencies.” “{Dollars}.”
Netflix (NFLX) Chief Monetary Officer Spencer Neumann summed it up succinctly in his firm’s convention name: “The FX drag is important.”
The rise of the US greenback, spurred by the Federal Reserve’s interest-rate will increase, amongst different components, is triggering fairly the knock-on impact to
