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Is the Strong Dollar Here to Stay? Monitor Changes in Bank Reserves
Instructor:
MacroMicro
Length: 2 minutes
Debuted at: 2 May 2024
0
The US dollar has shown recent strength, and we have noticed a strong correlation between the movement of the US dollar and changes in bank reserves held with the Federal Reserve. This correlation is considered by our team as one of the most significant indicators for predicting dollar trends.
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About Instructor
MacroMicro
MacroMicro is Asia's first investment information platform focused on macroeconomics. We gather a wide variety of economic data from around the world and use statistical analysis to uncover meaningful connections between these numbers and investment trends. The results are then automatically visualized in a user-friendly format. For more information, visit: macromicro.me