Too close for pips, switching to points.
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Stronger Dollar Hurting US Exporters
The US Dollar continued appreciating over the last several months and most see this as a positive for the American economy. But, a number of prominent US CFOs, recently surveyed by Duke University, have pointed out a down side to this upturn. The increased value of the dollar is actually making it harder for US exporters, and could hamper their investment plans for the next year. Duke University's survey conducted for its quarterly CFO Magazine Global Business Outlook Survey, polled close to 1,000 business executive (primarily CFOs) about their perspective on the US economy for 2015. Of those surveyed, a number ... (full story)
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