Adecrease in the current account deficit will place pressure on the home currency value, other things equal.

Upward pressure

Explanation:

A country's current account represents its balance of payments in international transactions. The main components of the account include goods and services,  net international transfers, and investments. A deficit in the current account implies that a country's imports exceed exports; in other words, the country is a net importer.

A trade deficit implies that local business and citizens are using the local currency to make payments for foreign goods, services, and investments. The local currency has to be converted to the exporting country's currency to facilitate the transaction. The more a country imports, the more it supplies its currency to the currency exchange market.

A decrease in trade deficit means the country has decreased its imports. The supply of its currency in the currency has been reduced, which leads to the currency appreciating in value.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation: