Corresponding expectation of the future trajectory of dollar

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Currently, the expectation is that the Federal Reserve will try to increase interest rates sometime later this year, while the European Central Bank will try to maintain low interest rates. What is the corresponding expectation of the future trajectory of the dollar/euro exchange rate, all else held equal?

That it will rise.

That it will fall.

That it will stay constant.

None of the above.

Reference no: EM13774409

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