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There is a fair amount of EURUSD FX change in that GDP change.
by RandomLensman 3y ago
There is a fair amount of EURUSD FX change in that GDP change.
- whimsicalism 3y agoEURUSD FX change also reflects real changes in our relative economies. The Fed can afford to engage in less contractionary policy because our economy is doing well and people want our exports.
- RandomLensman 3y agoA little bit, but not much. However, FX reacts strongly to interest differentials in the short/medium-term.