Global gloom boosts EUR & JPY, hurts the rest –

The risk averse atmosphere provides lots of opportunities in clear correlations. There are at least 5 fresh reasons for this. Is it going to be over soon? Consumer confidence could help, but for EUR/USD, a lot depends on the stream of inflation figures, which are in play now.

Update: German inflation came out below expectations and knocked the euro down.

Get the 5 most predictable currency pairs

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