discuss why do foreign market participants monitor the Fed's direct intervention efforts?

Question descriptionYour discussion topic is to discuss why do foreign market participants monitor the Fed’s direct intervention efforts? The media frequency report that “the dollar’s value strengthened against many currencies in response to the Federal Reserve’s plan to increase interest rates.” Explain why the dollar’s value may change even before the Federal Reserve affects interest rates. 2-3 paragraphs, APA format. Use at least 2 sources other then textbook. Please make sure to answer the “WHY” of each question do not just discuss what a foreign market is, etc.

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