Program Blog

The Yen is Falling!!! The Yen is Falling!!! (But I’m an American, so why should I care?)

Posted by Gregory Van Laeken on Jun 24, 2015 9:30:00 AM

References to the value of the U.S. dollar and other major foreign currencies by the financial news outlets have become as ubiquitous today as the stock price quotations of our most heavily traded companies. The value of our “greenback” has seemingly garnered even more attention in the past several months as analysts and pundits debate the impact of a rapidly rising U.S. dollar on corporate earnings. However, if you’re like most people, this information comes and goes and doesn’t really stimulate much further thought. Changes to the values of our currencies are much like the proverbial tree falling in the woods without witness – it happens, but if nobody cares does it really matter?

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Topics: international, global, finance