EPISODE · Jun 11, 2026 · 7 MIN
How the Strong Dollar Is Reshaping Cross-Border M&A in 2026
from International Business with Fexingo: Global Trade, Cross-Border Deals, and Multinational Operations · host Fexingo
This episode of International Business with Fexingo explores how the persistently strong U.S. dollar is reshaping the landscape of cross-border mergers and acquisitions in mid-2026. With the trade-weighted dollar index at 120.1 and the yen at 160.3 per dollar, American acquirers are finding bargains abroad, particularly in Japan and Europe. But the same dynamics are pricing foreign buyers out of U.S. assets and creating currency mismatch risks for companies with dollar-denominated debt. Lucas and Luna break down a specific example: a hypothetical U.S. firm buying a Japanese robotics company, examining how the currency tailwind can reduce purchase price by roughly 30% versus two years ago. They also touch on the dark side—how the strong dollar is straining companies in emerging markets that borrowed in dollars and now face crushing repayment costs, suppressing inbound M&A from those regions. The hosts weigh whether this wave of dollar-driven dealmaking is a once-in-a-decade opportunity or a trap if the dollar reverses. No hot takes, just concrete numbers and real strategic trade-offs. #StrongDollar #CrossBorderM&A #MergersAndAcquisitions #USM&A #YenWeakness #TradeWeightedDollarIndex #DollarDominance #CurrencyRisk #EmergingMarkets #DebtServicing #JapaneseM&A #EuropeanM&A #FexingoBusiness #BusinessPodcast #InternationalBusiness #CorporateFinance #GlobalTrade #June2026 Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
This episode of International Business with Fexingo explores how the persistently strong U.S. dollar is reshaping the landscape of cross-border mergers and acquisitions in mid-2026. With the trade-weighted dollar index at 120.1 and the yen at 160.3 per dollar, American acquirers are finding bargains abroad, particularly in Japan and Europe. But the same dynamics are pricing foreign buyers out of U.S. assets and creating currency mismatch risks for companies with dollar-denominated debt. Lucas and Luna break down a specific example: a hypothetical U.S. firm buying a Japanese robotics company, examining how the currency tailwind can reduce purchase price by roughly 30% versus two years ago. They also touch on the dark side—how the strong dollar is straining companies in emerging markets that borrowed in dollars and now face crushing repayment costs, suppressing inbound M&A from those regions. The hosts weigh whether this wave of dollar-driven dealmaking is a once-in-a-decade opportunity or a trap if the dollar reverses. No hot takes, just concrete numbers and real strategic trade-offs. #StrongDollar #CrossBorderM&A #MergersAndAcquisitions #USM&A #YenWeakness #TradeWeightedDollarIndex #DollarDominance #CurrencyRisk #EmergingMarkets #DebtServicing #JapaneseM&A #EuropeanM&A #FexingoBusiness #BusinessPodcast #InternationalBusiness #CorporateFinance #GlobalTrade #June2026 Keep every episode free: buymeacoffee.com/fexingo
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How the Strong Dollar Is Reshaping Cross-Border M&A in 2026
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