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AUD up on China data, NZD down on NZ CPI: UK & Canadian inflation, Beige Book, Australia labor market

Exclusive Capital Ltd.

Market recap

Volatility comes back to the market! It’s noticeable too that this wasn’t just “risk on” or “risk off” – AUD is the biggest gainer and NZD is the biggest loser, whereas usually those two move together nowadays (daily moves in the two have been 74% correlated over the last two years, the second-highest level of any major pair after NOK/SEK).

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Exclusive Capital Ltd. Review

Source: https://www.exclusivecapital.com/aud-up-on-china-data-nzd-down-on-nz-cpi-uk-canadian-inflation-beige-book-australia-labor-market/
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