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A comment on U.S. trade deficit shrinks 21% to 26-month low as imports tumble. Parent comment

Re:U.S. trade deficit shrinks 21% to 26-month low as imports... by nobbis on Thursday January 05, 2023 @12:22PM (#34263178)
Rising rates don't make the dollar stronger. There's no empirical relationship between interest rates and exchange rates.
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Re:U.S. trade deficit shrinks 21% to 26-month low as imports... by JumpCrisscross on Thursday January 05, 2023 @12:55PM (#34263693)
> no empirical relationship between interest rates and exchange rates

Wat [1][2][3][4].

[1] https://www.investopedia.com/ask/answers/040315/how-do-chang...

[2] https://www.kansascityfed.org/documents/443/1986-Interest%20...

[3] https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp548.pdf

[4] https://www.investopedia.com/carry-trade-definition-4682656

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Re:U.S. trade deficit shrinks 21% to 26-month low as imports... by zaroth on Thursday January 05, 2023 @01:21PM (#34264111)
Interest rates are actually the predominant driver of demand for a currency!
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Re:U.S. trade deficit shrinks 21% to 26-month low as imports... by chimeracoder on Thursday January 05, 2023 @02:38PM (#34265332)
> Rising rates don't make the dollar stronger. There's no empirical relationship between interest rates and exchange rates.

I think this is the first time I've ever heard someone try to claim that printing money does not, ceteris paribus, impact the exchange rate.

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