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Making Sense of Dollar and Equity Strength

posted by Avatar fx360 970 days ago in USD, EUR, GBP made popular 970 days ago

Over the past year, when U.S. equities rise, the dollar tends to fall because the improvement in risk appetite eases safe haven flows that have been parked in the U.S. dollar. When 3 month LIBOR rates in U.S. fell below Japanese levels, the correlation between equities and currencies exacerbated as the dollar became the funding vehicle of choice
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