Exporters Find Shelter from Strengthening Dollar as Investors Seek Cover
===============
#0e553709 ver:0.08
Investors seek cover in exporters as the U.S. dollar strengthens, benefiting Asian chipmakers and European industrial and pharmaceutical firms. Companies with international revenue exposure, like Pfizer and Exxon Mobil, are vulnerable to the strong dollar. U.S. markets outperform European markets, with 81% of S&P 500 companies reporting positive earnings in Q3. Exporters to the U.S. will benefit from currency translation and trade advantages, leading to significant margin improvements for European, Japanese, and Chinese exporters. #exporters #USD #investors #earnings #markets...
#newstr #Exporters #Dollar #SurgingDollar #UsEconomy #CurrencyTranslation #TradeAdvantage #MarginImprovements
https://here.news/story/0e553709?ver=0.08