If you live in the United States right now, you may have heard some big news on the television or read in the newspaper about a big change that has occured with the United States Currency. Right now the currency level is depreciated meaning it is worth less and less in other countries.
For decades the US Dollar has been worth more than the Canadian Dollar but now the Canadian dollar is worth a bit more. Now $1 USD is worth $0.99 in Canadian Dollar. It is pretty sad but the only way for the US to bounce back is to make the exports higher than Imports and get out of trade deficit. This will bring in more revenue and it can alter the change once again.