Bear On Wall Street: U.S. dollar
As the dollar reaches $1.50 against the Euro, a few positive points to a weak dollar:
-Aid current manufacturers in the American economy
-Expand the current industrial base
-Lift exports around the world
-Allow for more aggressive pricing overseas
-Narrow the trade deficit by closing the gap between exports and imports
And now the downside to a devalued dollar:
-Main factor is oil rises above $75
-Purchasing power decreases compared to the rest of the world
-Greater possibility for higher interest rates and inflation
-Higher costs for all imported goods
-Trade tensions between Europe and Asia will increase

a weak dollar sucks!