Foreign Official Dollar Reserves-FRODOR
FRODOR is an acronym that relates international liquidity to the effect of foreign central banks on US monetary policy. FRODOR is coined by economist Ed Yardeni, as a measure of US Treasuries and US agency securities that are held by overseas central banks.
If FRODOR raises, real estate, commodities and stocks rise too, but US dollar declines. Conversely, if FRODOR declines, so does commodities, real estate and stocks, and US dollar raises.
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