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While one branch of research consistently shows a small negative effect of exchange rate volatility on trade, another, more recent, branch presents evidence of a large positive impact of currency ...

The advantages of fixed exchange rates versus floating are reviewed, including the recent evidence on the trade-promoting effects of currency unions. Frameworks for tallying up the pros and cons ...

The euro is the most tangible element of European integration. Launched in 1999 as an account currency, the euro started ...

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Currency volatility eased, with the euro, Canadian dollar, and Mexican peso rebounding. Despite tariff tensions, market sentiment remained resilient due to delayed U.S. tariffs on Mexico and Canada.