A potential case for Dollar depreciation against the Euro Is it possible to see the Dollar depreciate against the Euro in the upcoming future, as a wannabe economist. I propose a few objective data points that may or may not support this thesis. I am interested in gaining feedback to further my ability to apply what I am self-teaching myself.
Key data points
Last release
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Observation period
Feb 2025
Next release
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Forecast
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Highest
104.31 B USD on Feb 28, 2025
Lowest
34.91 B USD on Feb 28, 2005
About Euro Area Foreign Exchange Reserves
In Euro Area, Foreign Exchange Reserves are the foreign assets held or controlled by the bloc central bank. The reserves are made of foreign currencies and gold. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.