The Role of the Strong Dollar in FedEx’s Bid for TNT

April 7 — FedEx’s plan to buy Dutch parcel-delivery company TNT Express highlights how a strong dollar is facilitating purchases by U.S. companies in Europe. Bloomberg’s Jeffrey McCracken has more on “Street Smart.”

— Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg

Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.

About the Author
Forex Alchemy is your daily source of cutting edge information, tips, tools, articles, analysis from across the Forex trading industry. If you would like to guest post or contribute regular articles on Forex Alchemy then please contact us here.

Leave a Reply

*