How does US Bank determine currency exchange rates?
I am wondering how US Bank calculates their currency exchange rates. I want to understand the process they use to determine the rates for converting one currency to another.
How do you know if a currency is stronger?
I want to understand how to determine the strength of a currency. Is it based on its exchange rate, economic indicators, or some other factors? How can I accurately assess if a currency is stronger or weaker?
Do trade flows affect exchange rate determination?
Could you elaborate on how trade flows might influence the determination of exchange rates? Are there specific mechanisms at play that LINK the volume or direction of trade between countries to fluctuations in their currencies' relative values? How do economists typically analyze the relationship between trade flows and exchange rates, and what are some of the key factors they consider? Additionally, are there any recent examples or case studies that demonstrate the significance of this relationship in practice?