Forex Analysis: Australian Dollar to Extend Drop Amid Risk Aversion – MENAFN.COM
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Forex Analysis: Australian Dollar to Extend Drop Amid Risk Aversion
MENAFN.COM As we discussed last week, the Australian Dollar is rebuilding its correlation with broad-based risk sentiment trends, with the correlation between AUDUSD and the S&P 500 now at 0.57 on 20-day percent-change studies. In the week ahead, this suggests … |
