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This week we will discuss the (DXY) a.k.a the US Dollar Index.
DXY — U.S. Dollar Index Chart — TradingViewLinks to an external site.
Part One –
Please research and familiarize yourself with the US Dollar Index.
Explain:
a) What is the US Dollar Index is,
b) What is it weighted against,
c) Why do we have it and why is it important,
Part Two –
1. What conditions usually lead to a strong Dollar Index, and why is this beneficial to the US but not beneficial the rest of the world.
2. What conditions usually lead to a weak Dollar Index, and why is this not beneficial to the US but is beneficial to the rest of the world.
Part Three –
“Excluding a major economic crisis”, why would it be important for the United States to prioritize a weak Dollar Index, even if it often leads to yearly trade deficits?
Do you need this or any other assignment done for you from scratch?
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You can choose either format of your choice ( Apa, Mla, Havard, Chicago, or any other)
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NB: All your data is kept safe from the public.