Currency risks? U.S. corporates yawn

October 21, 2019

As the third-quarter earnings season gets underway investors should brace for U.S. companies to report sizeable negative impacts due to the stronger U.S. dollar, analysts warned. For those North American companies that quantify the effect on their results from currency fluctuations, the collective hit in the second quarter was $21.01 billion, according to a Kyriba report released on Thursday.

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