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At the most basic, a strong US Dollar against the UK GBP means that US exports to GB become more costly, which reduces US exports, which hurts the US Economy, w
by balls187 10y ago
At the most basic, a strong US Dollar against the UK GBP means that US exports to GB become more costly, which reduces US exports, which hurts the US Economy, which is not good for the US.
- blfr 10y agoAnd a weak US Dollar against the UK GBP means that US consumers will pay more for goods, which reduces their ability to consume, which is not good for the US. Therefore all change is bad.
- balls187 10y agoA weak dollar means cost of consumer goods increases. Luckily most consume goods don't come from the UK. But yes, with the strong US Dollar (in general) our exports have taken a hit.