NWS 0.02% $42.71 news corporation..

us dollar watch out will wipe profits

  1. 829 Posts.
    i hold NWS.

    has anyone thought that the US $$$ vs Australian $$ is going to pose a problem for NWS.

    Basiaclly cause its reports in US $ it will effectively wipe another 10% off the profits if the dollar of the US is equal to that of the Australian.

    Same with CSL, COH.
 
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