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by JumpCrisscross 1261 days ago
> no empirical relationship between interest rates and exchange rates

Wat [1][2][3][4].

[1] https://www.investopedia.com/ask/answers/040315/how-do-chang...

[2] https://www.kansascityfed.org/documents/443/1986-Interest%20...

[3] https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp548.pdf

[4] https://www.investopedia.com/carry-trade-definition-4682656