Commodity Currencies Surge on Coordinated Central Bank Intervention
30 Kasım 2011
| Forex Analizleri
Higher yielding currencies, such as the Australian Dollar, and risk-correlated assets, such as global equity markets, rally after the Federal Reserve announces increased liquidity provisions with five other central banks. Is this the beginning to the “Santa Claus” rally?
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Higher yielding currencies rallied across the board but oddly enough risk-correlated assets, in particular European equity markets and the Euro,...