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>> No.54537851 [View]
File: 111 KB, 1292x622, DXY.jpg [View same] [iqdb] [saucenao] [google]
54537851

>>54537773
I suppose any correlation could be masked by various things, e.g. DXY strengthening, people avoid taking new dollar denominated loans bc it will be harder to pay back if your national currency continue to fall against the dollar, like the Latin American debt crisis. In such a case there would be an inverse correlation between global dollar dominance and DXY, which could hide a positive correlation between dollar strength and dollar domination.
if that makes sense?

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