The Brazilian government wanted a weak currency all last year, when it was a strong BRL1.65 to the dollar.
This will have a dramatic impact on countries that have become overly dependent on a weak currency to stimulate economic growth.
FORBES: Megamind:Who are the HEROES and the SUPER-VILLAINS of the Trade and Currency War?
However, to take advantage of a weak currency, Honda is opening a new plant in Japan, its first in almost 50 years.
FORBES: Weaker Yen And U.S. Sales Will Fuel Honda's Earnings
"If the basis of a profit surge is just the weak currency, then than that is always going to be risky, " he said.
Long-term, as I've argued in the past, it's hard for most economists to see the eurozone's 17 economies coming through this without a weak currency.
Everywhere there are signs of incipient inflation, not much, but an uptrend, creating a fertile field for other forces like weak currency and high fuel costs.
Europe suffers from poor demographics and a weak currency structure.
In particular the Germans, with traditionally the strongest economy and currency in Europe, were loth to sign up to monetary union with Italy, given its tradition of mountainous debts, a weak currency and inflation.
But paradoxically, should the euro have a troubled birth and prove to be a weak currency, that could also be troublesome: sterling's current strength might then persist, forcing up the relative costs of manufacturing in Britain.
Chancellor's Schroeder's remarks also suggested "a potentially dangerous divergence" between those who stress "the benefits of a weak euro in stimulating exports and job growth", and the European Central Bank, "which fears the inflationary consequences of a weak currency", the paper says.
You would think struggling European and American governments would complain as their industries struggle to compete against a weak Japanese currency, but you would be wrong.
And the weak-currency countries would be under pressure to raise interest rates in order to support their currencies--even though higher interest rates are about the last thing most of Europe's sclerotic economies need.
The weak Indian rupee currency and a rebound in gold prices from the April low were blamed for the lackluster demand for gold in India.
Even as the economy remains weak, the currency is starting to strengthen, going from a weakness of over two to the dollar to around 1.99 Brazilian reals to the dollar on Friday.
"When a currency is weak somewhere, inevitably it makes the relative costs lower, " explains Rebecca Powers, a principal global consultant at Mercer.
BIS's work counts for least where it should matter most: in emerging-market economies such as those in Asia, where weak financial regulation turned currency turmoil into full-fledged economic crisis.
You have to run harder just to stay in the same place if your country's currency is weak and your wealth is tied up in land whose value is measured in dollars, as in this survey.
Kingfisher blamed weak consumer confidence, unfavourable currency exchange rates, and bad UK weather hitting sales of "seasonal products".
But the U.S. currency has been weak agains the peso, trading at 10.28 during the day, the lowest level since 2003.
The Eurocrat architects of the euro never believed a nation once in the club would ever need to quit, let alone be in a position that was so weak it could undermine the whole currency.
United Technologies posted second quarter earnings before the bell on Wednesday, seeing net income jump 19% on organic growth in all six of its business units as well as a substantial favorable impact of foreign currency translation given the weak U.S. dollar.
FORBES: United Technologies Gains From A Weak Dollar, Organic Growth: Profit Up 19%
Coupled with the extraordinary looseness of American policy, the weak dollar has also revived fears of a currency crash.
ECONOMIST: Why it��s unlikely to turn into a dangerous collapse
The company noted weak demand, particularly in Asia, and unfavorable currency.
FORBES: DuPont Shares Chopped Down On Lower Earnings, Dimmed Outlook
Favored by a weak dollar, Deere benefited from a 6% favorable currency translation move, while net equipment sales grew 10%.
FORBES: Deere Bets On Stronger Agricultural Markets In US-Europe Than In S. America
The company saw weak results in Europe, where revenue on a pro forma, currency adjusted basis fell 12.5% year over year.
FORBES: Avnet FY Q1 Revs In Line; EPS Slightly Light; Strong Guidance
While they would naturally prefer to have exchange-rate stability with their major trading partners, our weak dollar policy threatens them with price inflation unless they let their currency rise.
FORBES: How Romney Showed Us He Offers the Greater Hope for Future Peace and Prosperity
Fresh developments on the European Union debt crisis scene include higher Italian bond yields Wednesday and some fresh, weak economic data coming from the EU. That pushed the Euro currency to a fresh 11-month low Wednesday, which in turn boosted the U.S. dollar index.
FORBES: P.M. Kitco Metals Roundup:Comex Gold Hammered Lower, Hits 3-Month Low, On Panic Selling
The upstart or young pretender KRW (South Korean won) is currently weak against the USD on event risk, but the market anticipates the currency to trade back to pre-crisis strength against the JPY.
Fresh developments on the European Union debt crisis scene include higher bond yields Wednesday and some fresh, weak economic data coming from the EU. That has pushed the Euro currency to a fresh 11-month low Wednesday, which has in turn boosted the U.S. dollar index.
应用推荐