Investors should be receptive of the gradually shifting economic dynamics exhibited by rate cuts from supposedly stronger economies.
EUR/USD and AUD/USD have largely been driven higher by Quantitative Easing from the Fed, or expectations thereof, but true fundamentals are telling a different story. Even with a better unemployment rate EUR/USD failed to rally with other risk assets.
Source http://www.fxstreet.com/fundamental/market-view/daily-market-insights/2011-11-04.html
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