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What does mean for the US economy in terms of exports to the UK and larger EU countries? The pound drops sharply (~15%). The Euro down to $1.08. Does this mean
by ziyadparekh 10y ago
What does mean for the US economy in terms of exports to the UK and larger EU countries? The pound drops sharply (~15%). The Euro down to $1.08. Does this mean that a stronger dollar will negatively impact US exports?
- airesQ 10y agoIt means that we are going the hear to phrase "strong currency headwinds" in all earnings conference calls for the foreseeable future. And overseas sales will probably go down.