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Strong Dollar Hammers Profits at U.S. Multinationals

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U.S. companies with international operations or exports are seeing lower profits in 2015 with the surge in the value of the dollar, as it approaches parity with the euro currency in a short period of time. At the same time the dollar has surged to 120 yen to the dollar. The currency shifts are part of a new global dynamic in which the eurozone and Japan increase competitiveness and exports to boost their economies, fend off deflation, and help return the global economy to a sustained growth phase. Aggressive bond buying and QE by the ECB is part of this new dynamic in the global economy.

Lower profits of U.S. companies in 2015 with the stronger U.S. dollar

03/23/2015

Grouped Articles

Strong Dollar Hammers Profits at U.S. Multinationals

Wall Street Journal 03/23/2015

U.S. Trade Gap Widens on Surging Imports

Wall Street Journal 05/06/2015

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New York Times 03/26/2016


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