Will forex traders look at budget figures fed in days beyond unemployment?
what does fed bulging mean? it has a great influence on the price?
The federal budget deficit is a measure of how much money we must borrow, by issuing government bonds and treasury bills from other people or governments to pay our bills. It does relate to the long-term value of the dollar, but short term fluctuations are more driven by supply and demand for dollars and other currencies and is a function of trade balances.
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