The euro trending higher against the dollar will help our exports and limit our imports. This is a good thing.
Fundamental rule of all financial news.
There will be a report of S&P level or dollar level. Then there will be the word “as” and an explanation.
Ignore everything after the word “as”. Always.
A crashing dollar helps exports but boosts inflation.
EVERY administration talks up the dollar but often quietly undermines it for political advantage.