Description: The dollar rose against major currencies on Friday after stronger-than-expected economic data reinforced the view the United States was recovering from recession faster than other developed countries.

Source: Reuters.com

Date: 01/29/2010

Link:  http://www.reuters.com/article/idUSTRE5BF27F20100129

Questions for discussion: 

• How will the dollar’s activity affect financial management of firms that import and export?
• Where do you believe the dollar is headed over the next few months? Explain your thinking.