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In the foreign-exchange markets, the effect of Mr. Bernanke's comments was felt.
WSJ: U.S. Stocks Temper Global Market Rout
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"Foreign exchange has had a very negative effect on housing demand and will have an effect on house prices, " says Michael Ball, author of the RICS' annual survey.
FORBES: Real Estate
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Our establishment of a foreign exchange investment company will not have any adverse effect on dollar-denominated assets.
NPR: Chinese Cash Moves Could Roil Markets
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On a constant-exchange-rate basis excluding the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales rose 6 percent and same store sales increased 4 percent.
FORBES: Tiffany Worldwide Holiday Sales Up 7% Led by Growth in Asia
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On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales rose 5 percent, for the period ended Jan. 31, due to growth in all regions and comparable store sales equaled the prior year.
FORBES: Tiffany & Co. Q4 Sales Up 4%
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On a constant-exchange-rate basis, which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales and comparable store sales increased 16 percent and 15 percent, respectively, the New York-based luxury jewelry retailer said.
FORBES: Tiffany Q1 Sales and Earnings Better than Expected