I can't even be allowed to sign up to your course cos
of the weak dollar and lack of money!
Travel professionals agree that there are some big — and easy — ways travelers can minimize the impact
of the weak dollar.
European luxury and sports cars sales have fallen off because
of the weak dollar, competition from the Japanese and other factors.
Strauss - Kahn and Summers are now arguing for fiscal stimulus in what can be seen as a criticism of the Greenspan - Bernanke policy
of weak dollar / strong gold that has placed the world economy at the brink of a possible downturn.
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.
For Q3, PVH said its bottom line was certainly getting hurt because
of the weak dollar.
Now that we know the benefits
of a weak dollar, let's take a deeper look at the causes.
But then they said, «Why would a Cabinet member bring up the idea
of a weaker dollar when things are going so well?»
For all the talk about slumping commodities prices against the backdrop
of a weaker dollar, there is copper.
The equity markets are much higher ready and as Peter talked about the double - edged sword
of a weaker dollar and the impact on corporate properties.
First, because
of a weaker dollar — but also due to: low U.S. interest rates; loose financial conditions; and greater margin of safety compared to valuations for most of the developed world.
That doesn't mean the exchange rates don't shift down in the process, though, and exports seem to be improving because
of the weaker dollar.
Not exact matches
LONDON, May 2 - Gold steadied on Wednesday near 4 - month lows as the
dollar's uptrend paused, but prices
of the precious metal are expected to remain under pressure from a significantly stronger U.S. currency and
weak investment demand.
S&P said in March a rupiah exchange rate
of 15,000 a
dollar is «the psychological level» at which companies with
weak balance - sheets could struggle with repayments and those with good cashflow might start to proactively restructure their debt.
In currency markets, the euro held at two - year highs following remarks by ECB President Mario Draghi last week, while the
dollar remained
weak ahead
of the U.S. Federal Reserve's policy meeting later in the week.
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.
As Marx foresaw, this process leads to monopoly and cartels as a few strong players drive
weaker ones out
of business or acquire their assets for pennies on the
dollar.
BAML also highlights a
weak US
dollar as boosting the profitability
of multinational corporations, many
of which have large weightings in major equity indexes.
Mineral sands miner Iluka Resources has lifted its first - half profit by 74 per cent, to $ 20.4 million, on the back
of a
weaker Australian
dollar.
Reported revenue
of EUR 477.6 million was EUR 63.0 million lower than the prior period, including a reduction
of EUR 38.4 million as a result
of the
weaker U.S.
dollar.
This reflected the impact
of the
weaker U.S.
dollar which more than offset an increase
of EUR 8.9 million at constant FX from the entry into service
of new satellites.
Currency is having a benefit because
of the
weaker U.S.
dollar, says Bastian.
No slight against Tanzania, but Canada's
dollar didn't belong on a list
of the world's
weakest currencies this spring.
Dollar Tree reported its earnings on the same day, also delivering
weaker - than - expected same - store sales growth
of 1.2 percent when the Street expected 2.3 percent.
«The disappointing performance in export activity suggests that the loss
of export competitiveness from the strong
dollar and the
weak global backdrop are becoming a net drag on U.S. economic activity,» said Millan Mulraine, deputy chief economist at TD Securities in New York.
NEW YORK, Jan 2 - The S&P 500 and the Nasdaq Composite notched record closing highs on Tuesday, the first trading day
of 2018, while European equities finished lower and the U.S.
dollar fell to its
weakest level in over three months against key currencies.
NEW YORK, Jan 2 - European stocks closed lower on Tuesday, the first trading day
of 2018, while Wall Street advanced and the U.S.
dollar fell to its
weakest in over three months against key currencies.
The price
of oil collapsed from near $ 120 a barrel in June 2014 due to
weak demand, a strong
dollar and booming U.S. shale production.
The
weaker dollar is helping sellers
of goods other than oil and gas, especially the makers
of automobiles and auto parts:
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.
«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.
One
of the key drivers has been the
dollar, which has lost 3.2 % against a basket
of major currencies so far this year, a decline that was exacerbated last week when U.S. Treasury Secretary Steven Mnuchin suggested President Donald Trump's administration favored a
weaker currency.
Wealthy investors want to take their money out
of weaker economies, and are pouring it into the U.S.
dollar and U.S. bonds.
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 US
dollar has been exceptionally and unexpectedly
weak this year,» a group
of Morgan Stanley strategists led by Michael J. Wilson wrote in a client note.
Sterling tumbled further, hitting a low
of $ 1.3715, as the
dollar gained and investors further trimmed expectations that the Bank
of England would raise rates next month following
weak first - quarter GDP data published last week.
Weaker - than - expected US economic data has also contributed to
dollar depreciation, especially when compared to Europe and parts
of emerging markets, says Morgan Stanley.
The silver lining
of this month's
weak payroll number is a greater likelihood that the Federal Reserve will hold off on raising interest rates, which could lead to a softer
dollar.
What's more, the stronger
dollar, which is not totally unconnected to
weaker growth overseas, is hurting the profitability
of foreign sales.
Gold's woes are showing no signs
of easing after a stronger
dollar and
weak demand from China sent the precious metal tumbling down to a five - and - a-half year low last week.
Suki Cooper
of Standard Chartered says gold prices could see gains after the Fed's meeting in June as the U.S.
dollar is expected to trend
weaker in the second half
of the year.
The Bank
of Canada says that the recovering U.S. ecconomy,
weak oil prices, and a low
dollar are all contributing factors.
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.
Contributing to this gain was a
weaker U.S.
dollar, stock indices hitting new highs and geopolitical instability, all
of which fueled uncertainty.
-- it will face continued margin pressures «due to higher labor content in certain areas
of manufacturing where we have temporarily dialed back automation, as well as higher material costs from recently imposed tariffs, commodity price increases and a
weaker US
dollar.»
WASHINGTON (Reuters)- New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained
weak against the backdrop
of a strong
dollar.
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.
These events corresponded with a period
of U.S. currency devaluation following the 2008 Financial Collapse and an extraordinarily
weak U.S.
dollar (Figures 13 and 15).
«What sparked the rally is a perception
of a shift in Canadian government policy toward the
dollar,» said Michael Malpede, a currency analyst in Chicago with Refco Inc., adding that Mr. Dodge's comments put an end to the widely held perception in the market that Canada supported a
weak currency to help its exporters.