Commodity currencies finally give into the souring mood in stocksThe commodity currencies put up a strong fight but are finally being dragged down by the relentless selling in equities. The S&P 500 is down 2.1% and threatening the lowest close since January 27.
Given the backdrop, the 10-25 bps declines in the commodity currencies today are surprisingly benign. S
Source: Commodity currencies finally give into the souring mood in stocks (https://www.forexlive.com/news/commodity-currencies-finally-give-into-the-souring-mood-in-stocks-20220217/)
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