you are viewing a single comment's thread.
I guess multi-national companies is not good picks.Since 2009 QE, big companies operating globally have enjoyed profits from artificially manipulated weak dollar. Now the trend has been changed since last summer.Dollar might go beyond what people think it would.It's compared with these currencies ...Euro (EUR), 57.6% weightJapanese yen (JPY) 13.6% weightPound sterling (GBP), 11.9% weightCanadian dollar (CAD), 9.1% weightSwedish krona (SEK), 4.2% weight andSwiss franc (CHF) 3.6% weightLook at each currencies. I guess dollar would keep its trend.I guess this pop from ECB's words is totally fake.We will see.
bump ...Dollar index since 1966 http://upload.wikimedia.org/wikipedia/commons/thumb/3/31/U.S._Dollar_Index.png/800px-U.S._Dollar_Index.png
http://upload.wikimedia.org/wikipedia/commons/thumb/3/31/U.S._Dollar_Index.png/800px-U.S._Dollar_Index.pngJust in case you are interested in the movement of Dollar index since 1966.Enjoy it !