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【标题】Loonie and Aussie Share Downward Bond
【摘要】in yesterday’s post (tide is turning for the aussie), i explained how a prevailing sense of uncertainty in the markets has manifested itself in the form of a declining australian dollar. with today’s post, i’d like to carry that argument forward to the canadian dollar.as it turns out, the forex markets are currently treating the loonie and the aussie as inseparable. according to mataf.net, the aud/usd and cad/usd are trading with a 92.5% correlation, the second highest in forex (behind only th... (07-01 05:10)
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