AUD/USD, GBP/USD More Influenced by Equities: Cross Asset Correlation

BY admin admin

Risk assets increasingly dominant in dictating currency markets. Turnaround sees Australian Dollar top out.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

China says it will set up a system to resolve its local government debt risks

<p>This info comes via Chinese Communist Party television (China Central Television), reported by Bloomberg (gated). </p><p>In brief:</p><ul><li>China said it will

Forex

GBPUSD moves higher and back toward key resistance

<p>The GBPUSD has continued its corrective move higher and currently trades at 1.2300. </p><p>That takes price closer to the swing low from the end of May near 1.2308, and also the b

Forex

France Q4 preliminary GDP 0.0% vs 0.0% q/q expected

<ul><li>Prior -0.1%; revised to 0.0%</li></ul><p>The French economy stagnated in the final quarter of last year, with the reading matching estimates. The breakdown shows

Copyright © 2024 | WordPress Theme: Xews Lite