FX is not on the same page as the stock market today

October 12, 2020 at 07:03PM

AUD/USD down despite the 2% rise in equities
US equity markets are sizzling today with the S&P 500 up 2% and Nasdaq up 2.9%.
Normally that would spill over into other markets but that’s not the case today. AUD/USD is down 28 pips to 0.7272 and it’s a similar story in other commodity currencies and emerging market Continue Reading:…

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