Are Currencies Sending a Key Portfolio Construction Message?
When the Euro-Dollar and Australian Dollar head higher, the majority of the time they impact risk assets in a positive way.
These currencies are often quality leading indicators for important macro moves. As the media hopes to keep investors focused on the “Fiscal Cliff”, we should keep at least one eye on what these important currencies do, because their message could be much more important than what is being fed to investors by the media!
Contributed by Chris Kimble, Kimble Charting Solutions
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Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to Wall Street Sector Selector's Disclaimer, Terms of Use, and Privacy Policy before accessing or using this or any other publication by Wall Street Sector Selector or Ridgeline Media Group, LLC.
