Series 7 - General Securities Representative Exam
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The Fed just is injecting liquidity into the market. The outlook is for another additional monetary policy easing at the next Fed Meeting, which the market did not expect. What is MOST likely to happen to the US Dollar?
It will go down
A
It will go up
B
It will go up against the chinese yuan only
C
It will not go up or down
D
Explanations
Monetary policy easing has traditionally been correlated to a weaker US Dollar