One of Corporate America's Biggest Headaches Is Almost Over
The U.S. dollar's retreat spells relief for multinationals.
A Dollar Bull Market of Weak Currencies: Verrone
This article is for subscribers only.
For a year and a half, the two most commonly cited headwinds facing blue-chip U.S. companies have been low oil prices and a soaring currency.
While the first has yet to fully dissipate, foreign exchange fluctuations may soon serve as a net boost to corporate America, according to Bank of America Merrill Lynch.