One of the best explanations I've read on this is here: https://www.reddit.com/r/Economics/comments/d6e8qv/the_fed_p....
Although, I must admit I don't understand the carry-trade dynamics that much. I hope someone else can throw some light on that!
Although, I must admit I don't understand the carry-trade dynamics that much. I hope someone else can throw some light on that!
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