Suppose that the spot price of the euro is currently $1.30. The 1-year futures price is $1.35.
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Suppose that the spot price of the euro is currently $1.30. The 1-year futures price is $1.35. Is the interest rate higher in the United States or the euro zone?
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The dollar is depreciating relative to the euro as the spot rate of one eu...View the full answer
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