Forex - Dollar Slips as Trade Tariff Deadline Nears

The dollar edged lower against a basket of the other major currencies on Thursday, a day before the U.S. and China were to hit each other with import tariffs, escalating a trade spat that many investors fear will hurt global growth. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.11% to 94.09 by 03:36 AM ET (07:36 AM GMT). Investors remained cautious ahead of Friday’s deadline for the U.S. to impose a 25% tariff on $34 billion worth of Chinese imports, which Beijing has vowed to match with a levy on U.S. products.

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In fast-paced services industries, savvy CFOs are tracking numerous key metrics like net income, current ratios, working capital, cash balance, DSO, gross margins, and more. But the one metric that may matter more than any other for long-term growth for professional services firms: project profitability. The nature of the “proje


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Spotlight

In fast-paced services industries, savvy CFOs are tracking numerous key metrics like net income, current ratios, working capital, cash balance, DSO, gross margins, and more. But the one metric that may matter more than any other for long-term growth for professional services firms: project profitability. The nature of the “proje

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