1.   A falling dollar diminishes the value of U.S. earnings when translated back into locxal currency.

2.   A lower dollar diminishes expected earnings at European exporters, as European-produced goods become more expensive in the U.S. market once prices are converted into dollars.

3.   A stronger dollar diminishes the attraction of yen-denominated debt.

4.   A weaker dollar diminishes the value of Treasuries held by overseas investors, whose fixed returns are potentially eroded if converted into their base currency.

5.   A weak dollar diminishes the value of earnings made in the U.S. when those profits are brought home and translated into local currency.

6.   A weakening dollar can diminish investor confidence in U.S. markets and U.S. policy.

7.   A weaker dollar makes it harder for foreign investors to hold onto Treasury securities, since a falling dollar diminishes their value.

8.   The higher dollar has also diminished the threat poised by imported steel products.

9.   The higher dollar also diminished the threat poised by imported steel products.

10.   There is concern, though, a low Australian dollar may diminish chances of a rate cut.