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Analyst estimates were based on projections for further weakness in the greenback, not strength.
The beige book reaffirms OK growth with tame inflation, while foreigners' appetite for U.S. assets wanes.
According to the latest research, your clients may benefit from paying attention to the impact of currency fluctuations on their portfolios. Here's an introduction to the dynamics of currency exchange, as well as a couple of broad strategies for trading.
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