Understanding How a Strong Dollar Impacts Global Economies

The U.S. dollar continuing to strengthen can be extremely problematic for other countries’ economies, impacting the U.S. trade deficit and adding persistent inflationary pressures abroad. It was such a problem in the 1980s that the Plaza Accord was struck in 1985 between the U.S., France, Germany, the U.K., and Japan to intentionally depreciate the U.S. [...] The post Understanding How a Strong Dollar Impacts Global Economies appeared first on ETF Trends .