10-08-2014, 09:33 AM
Domestic companies that report in dollars but sell overseas are still taking big hits in currency translation. Owning companies in countries with weaker currencies could make sense as a hedge. Not that investing in Europe solves this problem though.
I don't follow currencies and I try to ignore their effects as noise when I look at companies, but the EPS effects are real so that might be wishful thinking.
I don't follow currencies and I try to ignore their effects as noise when I look at companies, but the EPS effects are real so that might be wishful thinking.