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U.S. Dollar: Currencies – Stocks Correlation Soars

posted by Avatar fx360 1054 days ago in USD, EUR, Technical

The U.S. dollar traded higher against all of the major currencies for no specific reason other than risk aversion. In the second quarter, the rally in the currency, equity and commodity markets became overextended and without any new catalysts, traders have been taking profits on those positions. The sell-off in the EUR/USD and USD/JPY along with
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