FX Insights: Australian Dollar and Gold Beating to Different Drums?
02 mins 13 secs
Over the past 1.5 years, gold and the Aussie dollar have had a positive correlation. However, at the end of January, gold broke it out of its long-term channel while the Aussie dollar continues to trade sideways. What’s changed between this commodity and currency? Insights by Jim Iuorio.
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