Recent attention has focused on measures of the dollar's effective exchange rate amid disappointment by some observers … with the response of the U.S. trade balance to the depreciation of the dollar since February 1985. In particular, these … observers suggest that the traditional indexes, which include only currencies of industrial countries, overstate the dollar …

The pattern of international trade adjustment is affected by the continuing international role of the dollar and … related evidence on exchange rate pass-through to prices. This paper argues that a depreciation of the dollar would have … dollar depreciation on real trade flows is dominated by an adjustment in U.S. export quantities, which increase as U.S. goods …

U.S. dollar has risen (fallen) against other major currencies such as the euro, the peso has risen (fallen) against the … dollar. Very few other currencies display this behavior. In this paper, we attempt to explain the unusual pattern of the peso …'s correlation with the dollar by developing some general empirical models of exchange rate correlations. Based on a study of 29 …

.S. dollar has been losing value against several major currencies this decade. Since 2001-02, the U.S. currency has fallen about … 50 percent against the euro, 40 percent against the Canadian dollar and 30 percent against the British pound . …