Lemmings And Manufacturers Crushed As Dollar Surge Continues

The U.S. dollar spikes higher ahead of today’s market open. We’re now approaching a good week and a half of dollar gains with nearly a 4% move since December 4th.

That’s a huge move for any manufacturing company running on 10% margins. It’s also nasty for anyone operating on 50:1 leverage as many currency traders do.

tt
tt

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.