What should happen to the u.s. dollar compared to the euro

Reference no: EM13272971

The Federal reserve just announced that it is taking action to lower interest rates in the United States. The European central bank is not lowering rates. What should happen to the U.S. dollar compared to the euro?

a.The dollar will strengthen
b.The euro will weaken
c.The dollar will weaken
d.No impact

Reference no: EM13272971

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