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Author

Hannah Winterberg

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Review Open access Sep 2026

Demand for Dollars

We study the determinants of US dollar demand across market participants and traded instruments using survey-based exchange rate and macroeconomic expectations. To empirically establish the relevance of survey-based expectations for currency flows, we leverage granular foreign exchange trading data and present three ma...

Benedikt Ballensiefen, Fabricius Somogyi, Hannah Winterberg · 0 citations

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