As a consequence, interest rates might have to move higher to compensate for a weaker currency.
But a weak currency does not translate into a strong economy.
They will go after the weaker currencies first, dragging them away into the forest.
In the first quarter, the earnings impact of the weak currency was about the same.
Australia, which also has a weak currency, is attracting production.
They also know that a weak currency is a political hazard.
But the big positive is that the weaker currency has led to a trade surplus.
But Europe's other weak currencies continued to take a beating.
Even so, the euro has not become a weak currency.
The varied effects of the weaker currency can be seen throughout the business world.
