The US Dollar Has Strengthened Against The World's Currencies
This article describes the strength of the dollar versus a sample of the world's currencies. The strong dollar makes US imports from other countries cheaper and it increases the price of US exports. The US trade deficit in December was $46 billion. The trade deficit has been a major factor in restraining US GDP growth. The Fed is poised to increase US interest rates this summer. That will push the value of the dollar even higher.