17 Aug '17 at 5:03 pm #11232
Keymaster
[color=blue][size=5]^^^^ +1 on excellent question and WELCOME to forums 🙂
I will try to answer also: WEAK DOLLAR improves buying power of other nation … It creates a K-Mart blue light special for trading partners. A strong $$$ gives other nation less buying power for needed goods & services.
For example, when EURO is at $1.07, you can buy more “widgets” with 10,000 EUROs …. than when EURO is at $1.14 … Fluctuation in carry trade currency is important to trade balances, volumes, and profitability. Nations may increase inventory under favorable trade conditions to beef up volumes
Hope this helps :)[/size][/color]