USD review: Western Union

Quotes from Western Union:

- The US dollar index is in consolidation mode as we await direction from Yellen and co. with regards to the future direction of interest rates.  Many pundits are calling for an interest rate hike within the next few months in the US, but the wildcard is the fact that the recovery is just taking shape and this would certainly deal a blow to any progress that has been gained over the past couple of years.  

- The easy money does, however, have to stop at some point and this will have major implications on companies all over the world.  The US dollar is the currency of commerce and its continued ascent will have an impact, positive or negative, on the earnings and costs of companies around the world.  

- We've already seen several US based corporations blame currency headwinds for earnings misses so far this year.  A well thought out, disciplined hedging strategy will ensure you never have to use the term "headwinds" in an earnings release or meeting again.