1. A strong dollar can help boost the economy by allowing Japanese exporters to sell more abroad by lowering prices of their products. 2. A stronger currency would make it harder for exporters to sell abroad, while it make it cheaper for importers to sell in Mexico. 3. A strong pound both cuts the cost of imports and makes it harder for exporters to sell their goods abroad. 4. A stronger currency raises the cost of imported goods and makes it easier for domestic exporters to sell their goods abroad, which could trigger higher inflation. 5. A stronger domestic currency makes it harder for exporters to sell their goods abroad. 6. By midday, the dollar trimmed the gains amid concern that Japanese exporters will sell dollars for yen when the U.S. currency rises further, traders said. 7. Concern that Japanese exporters will sell dollars for yen to bring profits home will keep the dollar from surging against the yen, traders said. 8. Concern Japanese exporters will sell dollars for yen also prevented the dollar from rising, traders said. 9. Concern Japanese exporters will sell dollars for yen to bring profits home prevented the dollar from continuing to rise, traders said. 10. In NEW YORK, cotton prices fell after the government reported that U.S. exporters sold less cotton last week than traders expected amid competition from Australia and Russia. |