As investors brace for a rollercoaster ride during the second-quarter earnings season, the dollar's weakness in the last three months could have played a key role for some multinational companies.
Emerging markets took the performance lead during the second quarter of 2009, with stocks in India and Russia jumping over 40%, as global markets recovered from multi-year lows.
Investors shifting their focus to opportunities overseas, encouraged by hopes of a recovery led by emerging markets, could see their returns increase as the dollar weakens and global indices rise.
On the eve of the G20 Summit, American investors looking for opportunities overseas are having their returns diminish when converting their investments back into dollars. Here is a look at how major global indexes performed in relation to their respective currency valuations.
The dollar trimmed gains against the euro Wednesday after data showed the U.S. services sector shrank more than expected in October.