1.   A growing deficit hurts the currency by putting more dollars into the hands of Japanese exporters, who sell them for yen when repatriating revenue.

2.   A decline in the yen is good news for Japanese export companies, which must repatriate dollar revenue earned abroad.

3.   A growing surplus puts more dollars into the hands of Japanese exporters, who sell them for yen when repatriating revenue.

4.   A growing trade surplus helps the yen by putting more foreign currency into the hands of Japanese exporters, who sell the currency for yen when repatriating revenue.

5.   A growing trade surplus helps the yen by putting more foreign currency into the hands of Japanese exporters who sell the currency for yen when repatriating revenue.

6.   A shrinking Japanese surplus helps the dollar because it means Japanese exporters have fewer dollars to convert to yen when repatriating revenue.

7.   A rising trade gap puts more dollars into the hands of foreign exporters, who convert them into their own currencies when repatriating revenue.

8.   A rising U.S. trade deficit puts more dollars into the hands of foreign exporters, who convert them into their own currencies when repatriating revenue.

9.   A weakening yen pressures exporters to raise prices on overseas products and hurts their profits when dollar revenues are repatriated in yen.

10.   A weaker dollar pressures exporters to raise prices abroad and cuts into their earnings when dollar-denominated revenues are repatriated.