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Thursday, November 30, 2017

How a year of NAFTA news affected exchange rates

November 30, 2017 0 comments
Exchange rates are among the most volatile macro series. When allowed to float, exchange rates are much more responsive to news and shocks than interest rates or the prices of goods and services. They are volatile at lower frequencies (e.g., monthly and quarterly) but especially volatile at higher...
How a year of NAFTA news affected exchange rates
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