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    The Gold Standard, FDR, and the Recovery of 1933

    From aier.org|28 hr ago

    There is no more heavily debated topic within macroeconomics than the causes of the Great Depression and why it came to an end. Even 80 years later, theories abound. And new theories keep coming. A recent NBER working paper by Margaret M. Jacobson, Eric M. Leeper, and Bruce Preston puts forward a compelling new theory. They argue that FDR’s policies helped pull the United ...

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    US dollar near 5-month highs as EUR and GBP searching for support

    From fxpro.news|24 hr ago

    The dollar index rose to a 5-month highs area after disappointing PMI reports on Eurozone. EURUSD is eyeing key support at 1.1200. GBPUSD fell below 1.30 and tries to stay above its MA(200). Severities for AUDUSD’s trend for growth. The dollar index jumped to an area of highs since November last year amid a sale of European currencies. Since November last year, the dollar has ...

    GBPUSD to Start Next Week on Shaky Ground

    From dailypriceaction.com|25 hr ago|3 comments

    At the start of the week, I pointed out a wedge pattern on GBPUSD. Since climbing above the 1.3000 handle on February 19th, the pair has held above the level on a daily closing basis. Until yesterday’s session… Thursday’s 1.2983 close puts the pound below 1.3000 which means the area should begin serving as new resistance. We’re already seeing a few sellers defend this area so ...

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