Telegraph reporter gets it wrong — many financial publications show every 10 cent rise = 100m loss, not one cent rise.
ALL of Europe and Canada — with combined losses in the 100s of billions due to weak dollar! As for the US, in the short term, it is helping. look at break down in last GDP report. The US GDP growth almost doubled just because of improved US exports...also, balance of payments deficit dropped big time.
Are these estimated annual losses? Monthly losses? Enquiring minds wonder.
Ping!!! Are you reading this thread back there in the “Show Me State?”