Euro to usd converter: Euro to Rise vs. U.S. Dollar Short-Term but Outlook Uncertain from October: Nordea

U.S. Dollar liquidity is linked to the U.S. debt ceiling which was once again touched in March 2019. Since then the U.S. Treasury has been using extraordinary measures such as drawing down its GCA account – a fund earmarked for national emergencies – and pumping the 350bn it had in there to keep the government afloat. This has driven up liquidity over the last 4 months and partly explains the Euro’s mysterious resilience versus the Dollar.

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