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A strong dollar not a 'good news' for all

It eases inflation worries, but also puts pressure on US firms with high overseas exposure

American investors might be tempted to use their strong dollars to buy cheap stocks in countries with weaker economies.


IT'S a really good time to own wads of crisp, green American cash. As President Barack Obama boasted during his State of the Union address last week, the US economy is back. The job market is growing at a pace unseen in 15 years. The unemployment rate is lower than it was...

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