Ail said:
This will mainly affect companies based in countries whose currency becames stronger compared to the Dollar/Euro or companies having their product manufactured in those type of countries. In practice, mainly Japanese companies...
American companies with a huge part of their sales in Europe will be affected a little too though as the dollar has regained some ground compared to the euro since this summer. It used to trade at $1.57 per Euro and now is up to something like $1.29 per Euro.
Japanese companies are affected a lot more due to the majority of their sales taking place in Euroland or US, that's less the case for US companies...( part of the sales done in US isn't affected by the change in dollar value). |
the dollar has also gained on the euro as stated in OP, with that it is becoming better to shift goods to america than euroland. if the euro keeps on its current trend it will be worth a little less than the dollar by january. though anything from the election to congress to peoples moods could change that
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