MujkanovicFX

EUR/USD: Quick update on correlations

FX:EURUSD   Euro / U.S. Dollar
Hi traders, as promised, here comes part 2 of my EUR/USD update.

Correlations: Yield differentials formed a slight divergence and points lower, at least in the short-term. Gold keeps falling (positioning is quite bearish as well), suggesting further weakness in EUR/USD as well.

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