Significant Correlation
The strength of the Chinese Yuan and equity markets appears to be correlated due to the Chinese's increased trade presence and credit expansion. If price action continues to push below the 200 day EMA we could be likely looking at a bear market.
Could the dollar milkshake theory prove to be correct?
Only time will tell. (Dramatic music engage)
Could the dollar milkshake theory prove to be correct?
Only time will tell. (Dramatic music engage)
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