The dollar’s waning influence is evident as gold separates from emerging debt – Bloomberg

The dollar’s waning influence is evident as gold separates from emerging debt – Bloomberg

Photographer: Carla Gottgens / Bloomberg Photographer: Carla Gottgens / Bloomberg There is new evidence that the once strong dollar effect – when markets traded everything against the US dollar – has waned. The 120-day rolling correlation between gold and a Bloomberg Barclays emerging market dollar bond gauge fell below zero for the first time since […]

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