As you can see if you have been eyeing the market for the last hours. Somethings up.
The dollar is getting stronger in especially EURUSD and USDCAD.
A crazy day for the financial markets of the US as they are all closing negative 2ish%. Markets in Europe aren't doing great either.
So how does all this work?
I am guessing the markets in Europe are dropping due to the Greece cut. But, why does the US Markets, S&P500, NASDAQ etc also drop?
While gold becomes a safe haven I am guessing and people start investing in that and the price of that is up like 1.5%. Whats the deal, I can't seem to figure out a relation between them all.
How does, the negative close of US financial markets, affect the dollar by giving it strength? Boggling.
The dollar is getting stronger in especially EURUSD and USDCAD.
A crazy day for the financial markets of the US as they are all closing negative 2ish%. Markets in Europe aren't doing great either.
So how does all this work?
I am guessing the markets in Europe are dropping due to the Greece cut. But, why does the US Markets, S&P500, NASDAQ etc also drop?
While gold becomes a safe haven I am guessing and people start investing in that and the price of that is up like 1.5%. Whats the deal, I can't seem to figure out a relation between them all.
How does, the negative close of US financial markets, affect the dollar by giving it strength? Boggling.