Sentences with phrase «effect of a weak dollar»

Not exact matches

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.

Nevertheless I do worry that the fall in exports from a strong dollar is a bit stronger than the rise in exports from a weak dollar: I suspect because there is a hysteresis effect: Once a factory is shut down, it stays shut down — and if firms don't continuously invest to stay at the cutting edge of technology, it can be hard for a high - wage advanced economy to stay globally competitive.

A weaker dollar tends to be beneficial for multinational companies, because it can support sales of goods and services abroad, with a stronger dollar having the opposite effect.

Underlining the lack of evidence for a rate rise, communicating that any change in policy would not come as a surprise or ahead of schedule, and forecasting weaker US growth thanks in part to the strong dollar had its desired effect: but not for long.

The combined effects of the appreciation of the dollar and weaker external demand have already seen a sharp increase in the trade deficit, with both a rapid rise in imports and a fall in exports.