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US$ poses triple threat to American firms' profits

Currency effect to Q4 and 2015 remains largely unaccounted for
Tuesday, October 7, 2014 - 05:50
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On a roll: The greenback is posing a triple threat to American firms' profits: driving up the costs of doing business overseas, suppressing the value of non-US sales and, perhaps most worryingly, signalling weak international demand.

[NEW YORK] The suddenly unstoppable US dollar is posing a triple threat to American companies' profits: driving up the costs of doing business overseas, suppressing the value of non-US sales and, perhaps most worryingly, signalling weak international demand.

The US dollar has been on a