Earnings in USD?

  1. 482 Posts.
    lightbulb Created with Sketch. 8
    The fluctuating USD has decimated the SP of late. But am I right in saying that we needn't worry about USD to AUD exchange rate until ex div time comes round? In fact a weakening USD helps the EUR conversion rate which is vital for a third of Ansell's earnings.

    So why is the market so viciously overreacting to the falling USD? Has the market got it wrong?
    Last edited by jdawg: 29/04/15
 
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