Sentences with phrase «a weak dollar»

Aided by a weaker dollar, they started breaking export records, even as domestic consumption continued to languish.

Those companies are getting a boost from a weaker dollar, and Canada is now a magnet for tourists.

The weak dollar (See No. 2) is one.

Hannah Anderson of J.P. Morgan Asset Management says the near - term focus is on oil prices ahead of an important meeting in June on OPEC - led oil curbs, but the weak dollar is the longer - term variable for markets.

The biggest losers were energy (XLE), consumer staples (XLP) and materials (XLB), all down more than 7 percent amid riding bond yields — which makes dividend stock yields less attractive and overrode other factors, like stronger oil prices and a weak dollar.

«Although the results were supported by the weaker dollar, that doesn't tell the whole story.

«Oh, absolutely,» Poloz exclaimed earlier at that same committee appearance when asked if a weaker dollar was a net benefit to Canada's economy.

But then they said, «Why would a Cabinet member bring up the idea of a weaker dollar when things are going so well?»

LONDON, Jan 24 - Gold prices hit the highest in more than five months on Wednesday after a U.S. official welcomed a weaker dollar and investors sought insurance against uncertainty.

The weaker dollar is helping sellers of goods other than oil and gas, especially the makers of automobiles and auto parts:

LONDON, Jan 24 - Gold prices hit the highest in more than four months on Wednesday after a U.S. official welcomed a weaker dollar and investors sought insurance against uncertainty.

COPENHAGEN, Feb 1 - Novo Nordisk operating profit fell short of expectations in the fourth quarter as it felt the effects of price pressure in the United States and it warned that a weak dollar would hit earnings this year more than expected.

At the World Economic Forum in Davos, Switzerland, on Wednesday, Mnuchin said he welcomed a weaker dollar, adding that it would benefit the country's trade.

LONDON, Jan 24 (Reuters)- Gold prices hit the highest in more than four months on Wednesday after a U.S. official welcomed a weaker dollar and investors sought insurance against uncertainty.

«It's the weaker dollar, it's the inflation focus and it's also to some extent the market is continuing to look for a hedge against a world that's becoming incredibly complacent with stocks at record highs,» said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen.

The British bank reported Thursday a loss on its full - year 2017 profits, due in part to the tax overhaul in the U.S. and a weaker dollar.

Better China data and a weaker dollar has a slight bid under Industrial metals as well as Ore - but weakness persists in Oil - Brent is off 2.2 % and WTI 1.6 % as Saudi signals they r fine with South of $ 90 - even as low as $ 80.

On the eve of the U.K. government beginning the official process of leaving the European Union, sterling moved slightly higher against the dollar to trade at $ 1.2557 — mainly driven by a weaker dollar.

The currency has been under pressure following comments from the U.S. administration last week that a weak dollar could be beneficial for exports, casting doubts over a commitment towards a strong dollar.

A weaker dollar makes exports more profitable, which helps companies doing business overseas — most notably the multinational conglomerates with big weightings in stock indexes.

Now that we know the benefits of a weak dollar, let's take a deeper look at the causes.

At the World Economic Forum in Davos, Switzerland, the U.S. dollar took a significant dent after Mnuchin told reporters, «a weaker dollar is good for us as it relates to trade and opportunities.»

Poloz insisted the trend he anticipated in 2013 — a steady increase in non-commodity exports buttressed by stronger demand in the U.S. and a weaker dollar — was now entrenched.

But the euro rose as investors are also wary about Trump's protectionism and immigration policy and his hints that he would prefer a weaker dollar.

Market watchers are pinning the spikes on the weak dollar, which dipped last night after the Fed hiked rates.

For Q3, PVH said its bottom line was certainly getting hurt because of the weak dollar.

German lighting group Osram Licht sank 17.1 percent to a 16 - month low after cutting its profit guidance because of slower trading and a weak dollar.

The weaker dollar isn't an unambiguous gain for a Canadian company that wants to make things.

He said there were few signs of the economy's long - awaited turnaround, a pickup many expected would receive boosts from a weaker dollar, cheaper pump prices and low interest rates.

That's difficult to say, but no one can argue the fact that American multinationals are benefiting from a weaker dollar, which makes their exports more competitive globally.

NEW YORK (Reuters)- Oil jumped as much as 3 percent on Tuesday as a weak dollar propped up commodities, but crude prices came off their highs in post-settlement trading on signs of another big U.S. supply build last week.

so now the issue is whether the bond market (or macro hedge funds) eased too much thinking the Fed would choke off liquidity and now is staring at still a weaker dollar and high commodity prices indicating an elevated level of excess liquidity.

For industry specifics, the analysts said technology, healthcare and industrial stocks will move higher on a weaker dollar.

U.S. stocks opened near the flatline on Wednesday amid a weaker dollar as investors awaited the Federal Reserve's meeting minutes.

At the same time, the Fed may raise rates if inflation picks up, and there's a host of reasons that could occur: acceleration in wages, a weaker dollar, rising commodity prices, growing risks of protectionism, overseas cash repatriation.

Since a weaker dollar makes imports more expensive, it tends to correlate with higher prices.

According to Curt, the weak dollar is causing investors to reallocate assets from equities to natural resources.

Gold futures jumped more than 2 percent, breaking above the key $ 1,200 - per - ounce level, as traders used a weaker dollar Tuesday as an excuse to buy.

While a weaker dollar was unexpected, it is welcome.

This came following Treasury Secretary Steven Mnuchin's comment at the World Economic Forum in Davos, Switzerland, that a weaker dollar «is good for us as it's related to trade and opportunities.»

The weaker dollar supports U.S. export growth, which in turn has helped bolster corporate earnings.

Higher interest rates, which bumped up due to factors like rising inflation expectations, a weaker dollar and growing national deficits, appear to have fueled the declines.

A stronger dollar tends to lead to weaker sales overseas and a weaker dollar tends to lead to stronger sales overseas.

Finally, while inflation readings have disappointed since February, a weaker dollar should ultimately contribute to driving inflation higher, as it has a three - to - six - month lagged correlation with the Consumer Price Index.

Do the financial cheerleaders for a business - leader dominated Administration approve of the emerging combination of weak dollar rhetoric from both the President and Treasury Secretary nominee along with strong dollar policy.

Although a weaker dollar / stronger euro benefits U.S. multinationals and is negative for European multinationals, we believe that the stronger euro is ultimately a plus for European equities.

To be sure, a weak dollar is a positive for exporters, though if our trading partners retaliate with tariffs of their own, trade flows could take a hit (I'm pretty skeptical of that outcome; so far, it's mostly been bluster, noise, confusion, and uncertainty; not helpful, of course, but not macro-economically important... yet).

Additionally, a weak dollar serves to stimulate economic growth through exports.

If we look at the index's constituents, we find that six metals — aluminum, copper, zinc, gold, silver and nickel — have been the top drivers of performance this year, thanks to a weaker dollar, China's commitment to rein in oversupply and heightened demand.

It is pretty much understood that a weaker dollar is the goal of this administration.