The euro has given up strength versus the dollar (top chart); at the same time, we've seen heightened selling among bank shares (bottom chart). This relationship, as well as the relationships between each of the two and bonds, has been on the radar of traders today.
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2 comments:
2/10 yr correlation interesting tell as well
I don't understand it when the us banks show signs of recovery why us dollar goes down?
Many people saying that it's time to buy dollar bit it's just going down. I've done the research on spread betting firms and still not sure which whay it's going.
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