A hard landing wouldn't just squeeze U.S. and European exporters.

硬着陆不会挤压美国和欧洲的出口。

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The US dollar has appreciated in the last few days and European exporters can only be pleased about it.

过去的几天里，美元已经升值，欧洲的出口商们会很高兴的。

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European exporters, particularly Germany's mighty car companies, have worked hard to boost productivity during the era of the strong euro.

欧洲出口商，尤其是德国的汽车企业，在欧元表现强势期间努力提高生产力。

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Still, it will not want to raise rates too quickly and risk disadvantaging European exporters who suffer as their currency strengthens.

FORBES: ECB Indicates A Pause

The strong euro undermines the competitiveness of European exporters, and also drags down inflation in the single currency area due to the cheapening of imports.

BBC: Euro drops after Draghi says ECB 'monitoring' value

And the rise of the euro to a four year high against the dollar in currency dealing is a major worry for many European exporters .

BBC: ���� �ߧ�ӧ�����?: European interest rates