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But would a sharp drop in the dollar be a catastrophe?
The drop in the dollar in the year cut profit by £6.7 million ($12.3 million).
Both America and the world would then pay a painful price for the long-delayed drop in the dollar.
Foreign-exchange markets frequently overshoot at such junctures which could mean a very substantial drop in the dollar.
And if a second American recession comes along with a bigger drop in the dollar, then watch out.
A drop in the dollar serves as an automatic adjustment mechanism, making exports cheaper and imports more expensive.
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"A very dovish shift from the Federal Reserve's James Bullard, who on Friday said the Fed may only raise rates once before 2018, has contributed to a drop in the US dollar, adding to sterling strength".
British Cycling currently has no plans to start a women's road team even though the costs are a drop in the multimillion dollar ocean of financing a men's team.
And the banking system is much healthier now than in the 1980s, when financial liberalisation spurred reckless lending.Indeed, the drop in the Australian dollar today is much less alarming than the fall of the mid-1980s, when its trade-weighted index declined 40% in the space of 18 months.
Protection against a further drop in the U.S. dollar is an added benefit of CEW, although this obviously comes along with the risks posed by a strengthening greenback.
Thanks to the drop in the Australian dollar and the beginning of summer in the southern hemisphere, now is the time to plan travel to the exotic islands around Australia.
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