Reactions out of the Canadian Dollar/Japanese Yen currency pair only emphasize this point; despite disappointing Canadian employment figures, the CADJPY trades sharply higher on the morning’s trade.
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Forex Correlations Summary
Forex correlations against Oil, Gold, and the Dow Jones Industrials Average for the past 30 calendar days:
Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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