The Euro hit an all time high of 1.5983 against the US dollar following better than expected trade balance numbers. The strength faded quickly however when Eurogroup President Junker told the markets that they “did not correctly understand G7 message on FX” and he “does not consider the euro’s rise vs. dollar desirable.” This […]
Talk is Cheap for the Euro
April 17, 2008
Dollar Hits New Record Low, Which is Good for Earnings
April 17, 2008
The dollar’s impact on US corporate earnings continue! Last night, IBM blew away Wall Street when it reported that its 2008 profit will top its previous projections. Interestingly enough more than half of their 11 percent revenue was due to currency fluctuations!
The dollar matters.
The companies that will do the best this […]
Glick Report: Earnings and US Dollar
April 17, 2008
As you know, I am on Fox Business all week. Yesterday Alexis and I talked about the US dollar and it’s impact on earnings. Here’s her post:
If you get a chance to watch my show The Opening Bell at 9AM on Fox Business, you’ll see that I have a new guest host each […]
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