Certainly good news. Though it’s interesting that, contrary to what many analysts had predicted, the drop of the dollar shrunk the trade deficit.

Commodities fell Monday as the U.S. dollar rebounded, with gold falling $35.50 to below $800 an ounce ($799.20). It was the most the dollar has risen against the euro since July 2006, as investors reduced holdings in other countries.

The Canadian dollar dropped the most since ’71. Oil also dropped by about $2.