By John Persinos
Whether you're buying shares of companies based in the United States or beyond our borders, investment decisions are generally driven by the same fundamentals. Are earnings consistently rising? Is the balance sheet solid?
But international investing adds a layer of complexity: currency. The world's dominant currency, the U.S dollar, currently hovers at its highest level in 20 years compared to other major currencies.
There are pros and cons to a strong dollar. In some ways, a super-strong greenback is a bad thing. I'll get to that in a minute. First, let's examine recent market action.
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