the US DOLLAR

[InRareForm]

"If The Down Move Continues, 71.70 Is Next"

Look at that chart :wow
http://www.zerohedge.com/article/john-noyce-first-technical-usdjpy-observations-if-down-move-continues-7170-next

[RandomGuy]

"If The Down Move Continues, 71.70 Is Next"

Look at that chart :wow
http://www.zerohedge.com/article/john-noyce-first-technical-usdjpy-observations-if-down-move-continues-7170-next


..If.. the down move does continue the next really clean level is the actual parallel channel support off the August ’98 high which comes in at 71.70 on the linear scale chart.

Because 71.70 is so much better than ou812 or 23 skiddoo.

http://www.trephination.net/gallery/macros/english_mofo.gif

[boutons_deux]

Cheap $ is great for US exports.

It also means imported goods are more expensive so a cheap dollar helps create/maintain jobs in the US.

[greyforest]

Cheap $ is great for US exports.

Except there are relatively few of them, since there isn't very much being manufactured here.


It also means imported goods are more expensive so a cheap dollar helps create/maintain jobs in the US.

That'd be nice if we manufactured things.

[boutons_deux]

"there isn't very much being manufactured here."

?? $1.8T per year in exports, and that's not all services. About 1/6 of the total economy.

"In 2008, the total U.S. trade deficit was $695.9 billion, which is $1.8 trillion in exports minus $2.5 trillion in imports. "

http://en.wikipedia.org/wiki/Economy_of_the_United_States

[greyforest]

Your link:

Exports $1.280 trillion f.o.b (2010)
Imports $1.948 trillion c.i.f. (2010)

Looks like exports went down by 30% over 2 years.