DislikedWe are going through a period in which traditional fundamentals weigh very little, specially for commodity currencies. No matter how good data is for CAD and AUD their selloff continues at strong pace, of course it's due to coronavirus outbreak. Currently I'm facing a big DD on EA short, already took some loss, it's hard for me to understand EUR strength. Let's see if the music will change next week.Ignored
I think the worst DD is over.
since last day, the relative strength of the EUR at the moment, is stronger than:
USD in 45 pips
NZD in 121 pips
CAD in 90 pips
AUD in 134 pips
since last day, the relative strength of the AUD at the moment, is weaker all pairs against:
CAD -17 pips
GBP -50 Pips
JPY -59 pips
NZD neutral
USD -23 pips
EUR -40 pips
CHF -58 pips
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