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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 632 |
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The dollar has appreciated against these major European currencies despite a slow US economy. The US economy also looks to be strengthening, based on lower inflation and possibly lower interest rates. There is no reason to believe that the US dollar will not continue to strengthen based on a stronger US economy...
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The European economies continue to be weak, France and the UK still have high inflation rates, despite high interest rates. As the US economy improves and the European economies struggle, it is possible that the US dollar will strengthen.
The controller of the Irish subsidiary should be worried about a change in the exchange rates...
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