In fact, research has shown that in the past there has always been a rather strong positive correlation between short- term EA-US interest rate differentials, in
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By contrast, the historical volatility in the bilateral USD/EUR rate and other key bilateral exchange rate pairs had, until recently, remained relatively stable since
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In fact, research has shown that in the past there has always been a rather strong positive correlation between short- term EA-US interest rate differentials, in
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Understanding the relation of exchange rate and oil price developments could potentially alter our perception of the past and recent oil price shocks, e g as a
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