Question: If U.S. interest rates decrease due to a Fed announcement, and the European Central Bank takes no action, then the value of euro will intervention.

If U.S. interest rates decrease due to a Fed announcement, and the European Central Bank takes no action, then the value of euro will intervention. Select one: O a. appreciate; direct O b. appreciate, indirect Oc depreciate; direct O d. depreciate; indirect against the value of U.S. dollar. The Fed's action is called

If US interest rates decrease due to a Fed announcement, and the European Central Bank taket no action then the value of euro will agarst the value of US. dolis. The Fed's action is called intervention Select one: 2. aporeciate direct b. apprecate indirect c. deprociate direct a. deprecine inditect

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