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.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.