Commodity Currencies Surge on Coordinated Central Bank Intervention

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?

Add a Comment

Social Widgets powered by

Featuring Recent Posts WordPress Widget development by YD

Önceki yazıyı okuyun:
Euro Decouples from Recent Correlations, Lags Majors as U.S. Dollar Slides

Higher yielding currencies rallied across the board but oddly enough risk-correlated assets, in particular European equity markets and the Euro,...