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Hot Topic Hawke’s Bay
Margin Call
8 mins to read

Stronger US dollar a headwind for US big tech earnings

ANALYSIS: Extent to which profitability of some US companies gets hit by strength of the USD is surprising.

The strength of the USD presents a challenge to the profitability of listed companies.

Nicholas Bagnall Tue, 11 Oct 2022

The US dollar has been remarkably strong this year. Measured using Intercontinental Exchange’s US Dollar Index, the greenback has risen 17% since the start of the year, taking it to its highest level since 2002.[image src="https://d2xgqyuql1olth.cloudfront.net/assets/US-Dollar-index-nominal.png" id="86536" width="896" height="612"

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Nicholas Bagnall Tue, 11 Oct 2022
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Margin Call Nicholas Bagnall investment US dollar
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