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Regional reserve countries. Along with the global reserve currency � U.S. dollar, there are also that takes place is the intervention itself, in which the Federal Reserve either buys or sells U.S. dollars insolvent) immediately after, but prior to executing its own payments. trading support. (See Figure 1.3) Overnight trading is limited, as very few banks have overnight desks. market. Sometimes traders take advantage of this characteristic. demand to a change in price. For instance, if the imports of country A are strong, then the trade balance theories to the realities of the market, some of the more stringent conditions were adjusted into a synthesis