What does mean for the US economy in terms of exports to the UK and larger EU co... | Hacker News

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ziyadparekh on June 24, 2016 | parent | context | favorite | on: UK votes to leave EU

What does mean for the US economy in terms of exports to the UK and larger EU countries? The pound drops sharply (~15%). The Euro down to $1.08. Does this mean that a stronger dollar will negatively impact US exports?

airesQ on June 24, 2016 [–]

It means that we are going the hear to phrase "strong currency headwinds" in all earnings conference calls for the foreseeable future.

And overseas sales will probably go down.

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