Why AUDUSD Leads and EURUSD Refuses to Participate
The markets most risk-sensitive assets extended their run higher Thursday - leading AUDUSD to its strongest advance since its November surge. Going on this pair's performance, it would seem that 'risk appetite' is climbing at full tilt. Yet, if sentiment were so strong, why isn't the arguably-oversold EURUSD not generating the same level of conviction and progress? In today's video, we look at the various measures of risk trends and discuss the divergences that have already developed. And, with the burden of fundamental and even speculative doubt hanging over the markets, we put the impressive AUDUSD-bull and USDollar-bear trends into perspective.
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