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Wednesday, March 1, 2023

Fundamental: The Dollar’s Imperial Circle

Forex Factory
 
 
Alert Alert Mar 1, 2023, 9:55pm
 
Fundamental: The Dollar's Imperial Circle
The importance of the U.S. dollar in the context of the international monetary system has been examined and studied extensively. In this post, we argue that the dollar is not only the dominant global currency but also a key variable affecting global economic conditions. We describe the mechanism through which the dollar acts as a procyclical force, ...
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