Go to the St. Louis Federal Reserve FRED database, and find data on daily dollar exchange rates

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Go to the St. Louis Federal Reserve FRED database, and find data on daily dollar exchange rates for the euro (DEXUSEU), British pound (DEXUSUK), Japanese yen (DEXJPUS), Chinese yuan (DEXCHUS), and Canadian dollar (DEXCAUS).

a) Report the exchange rates for the most recent available day, and the day closest to one year prior to that.

b) Which currencies appreciated against the U.S. dollar, and which depreciated?

Based on these results, what do you expect happened to exports and imports from each of the countries, from the U.S. perspective?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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Go to the St. Louis Federal Reserve FRED database, and find data on daily dollar exchange rates

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Macroeconomics Policy And Practice

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