Friday, March 13, 2015

These big U.S. companies could be stung by the rising dollar

The U.S. sets many trends. One is central-bank quantitative easing, which along with historically low interest rates, has helped the American economy rebound and supported stock prices.

But with the U.S. moving beyond the money-printing stage of its recovery, and the European Central Bank and Bank of Japan buying bonds hand over fist, the rising dollar poses a threat to sales and earnings for scores of major American companies.

The dollar has risen 14.7% against the euro USDEUR, +1.29% and 1.4% against the yen USDJPY, -0.02% this year through Wednesday .... http://www.marketwatch.com