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Weekly fundamental analysis of USD

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  • Weekly fundamental analysis of USD

    Federal Reserve revises method of computing 'broad' index of USD. The changes were out at the beginning of the month.

    New method includes goods and services, while previous formula only accounted for goods.
    The broad index lists the Euro area as making up about 20% of trade with U.S.- Canada, China, and Mexico follows.

    Trade weighted USD fights back.

  • #2
    ??what do you mean!

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