DailyFX - Forex Market News: Dollar Suffers Biggest Drop in Four Weeks on Quiet Day

DailyFX - Forex Market News Forex Market News

Dollar Suffers Biggest Drop in Four Weeks on Quiet Day May 29th 2012, 01:29 The 20-day (1-month) rolling correlation between the US dollar and aggregate currency market volatility index currently stands at 0.93. Considering implied (expected) volatility is essentially a measure of risk or fear, the greenback is currently locked in to sentiment trends.

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