Sentences with phrase «opposite of strong dollar»

Opposite of strong dollar.

Not exact matches

Of course, rock - bottom rates and a strong Canadian dollar, he added, are the opposite of what the Canadian economy needs right now in order to kick its current addiction to household debt and condos and switch to a more sustainable growth model fuelled by exports and business investmenOf course, rock - bottom rates and a strong Canadian dollar, he added, are the opposite of what the Canadian economy needs right now in order to kick its current addiction to household debt and condos and switch to a more sustainable growth model fuelled by exports and business investmenof what the Canadian economy needs right now in order to kick its current addiction to household debt and condos and switch to a more sustainable growth model fuelled by exports and business investment.

A weaker dollar tends to be beneficial for multinational companies, because it can support sales of goods and services abroad, with a stronger dollar having the opposite effect.

On the other side of the border, interest rates are poised to rise and if our rates are moving in opposite directions, the U.S. dollar could continue to be strong relative to our loonie.

But, remember, supply side theory calls for a strong dollar policy, which we definitely had during the Clinton years, so what Clinton did wasn't really the opposite of supply side — instead, it was a modified supply side, just like Reagan and Bush used.