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A potential case for Dollar depreciation against the Euro

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Euro Area Foreign Exchange Reserves (ECONOMICS:EUFER)  
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ECONOMICS:EUFER   Euro Area Foreign Exchange Reserves
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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.
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