Hmm.....It has its pros and cons. Weak USD can bring oversea
monies into the country as form of investment thus creating jobs.
It also helps to readjust global imbalances, making US produced
goods more affordable.
However US as the major consumer market can cause an adverse effect
on the countries who trade with them including Singapore in
turn,slow down their economic growth. A depreciating USD also can
exacerbate inflation fears,leading to higher interest rate,this in
turn would weight on the stock market and it would also elevate
recession risks. 