Companies are blaming disappointing earnings on a strong dollar. This pro says they can breathe easier in the fourth quarter.
It's shaping up to be a lackluster earnings season — at best. And many companies are blaming their lower than expected results on a strong dollar, which makes exports more problematic because U.S. goods become relatively expensive.
Paul Richards, head of FX distribution Americas at UBS , says the pain won't last.
Three months ago, the euro was trading at 1.2000, he told CNBC's Simon Hobbs. But in the wake of the