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EUR/USD. Analysis and Forecast
Why do higher oil prices and
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Why do higher oil prices and the US status as a net oil exporter support the dollar against the euro?Higher oil prices and the United States' status as a net oil exporter strengthen the dollar relative to the euro. This happens because improved trade conditions for the US, slow price adjustments, and central banks' commitment to inflation targets force the nominal EUR/USD exchange rate to bear most of the adjustment burden. This also leaves room for a reversal if oil
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