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The biggest driving force of the EUR/USDexchange rate over time, which in turn is the biggest component of the dollar index, is the relative strength of the European stock market versus the US stock markets. We will use the ETFs EZU and SPY to illustrate My point
The biggest driving force of the EUR/USDexchange rate over time, which in turn is the biggest component of the dollar index, is the relative strength of the European stock market versus the US stock markets. We will use the ETFs EZU and SPY to illustrate My point