When analyzing forex, nothing is more satisfying than establishing a strong correlation between a particular currency pair and another quantifiable investment vehicle. You see – we fundamental analysts love to kid ourselves that we can actually explain what’s going in the forex markets, but it’s only when you can visually observe (and statistically confirm) a [...]
Source: http://www.forexblog.org/2011/02/untangling-the-puzzle-of-risk-appetite.html
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