CFOs in dollar ‘panic mode.' How to trade it

Euro Dollar rates currency
Stoyan Nenov | Reuters

Last year, companies in North America reported a negative currency impact of $27 billion, up 53 percent from 2013. With the U.S. dollar index up another 7 percent in 2015 as the first quarter comes to a close, company CFOs are in "panic mode," according to the head of a firm that helps companies manage currency risk. Here's how to trade it.