Equities are under pressure. Economists at ING analyze FX correlations with stock performance. Equity markets are looking increasingly vulnerable Equi
ty markets are looking increasingly vulnerable as the risk-free rate rises and as businesses are finding their margins under pressure.
A turn lower in core equity markets would like to keep the activity currencies under pressure and the Dollar bid. A risk-off tone should keep the US Dollar Index bid towards the top of its 106-107 range. See:EUR/USD to pressure support at 1.0500 – ING
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