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The stock would be denominated in another currency, and the amount of your capital gains would be affected by forex rates.
by rchaud 2y ago
The stock would be denominated in another currency, and the amount of your capital gains would be affected by forex rates.
- dukeyukey 2y agoDefinitely important, but it's more a consequence rather than an economic indicator.
- t0mas88 2y agoForex would have very little impact. If company earnings are in GBP and that increases relative to USD, the stock price would also increase (in USD) which should lead to roughly the same GBP returns either way.