eurokarl

EURUSD & USDCNY correlation / US-China trade deal

FX_IDC:USDCNY   U.S. Dollar / Chinese Yuan
EURUSD USDCNY

Food for thought; A stronger USD/CNY -> weaker EUR/USD
We are currently seeing weaker USD/CNY and a stronger EUR/USD

When/if the US-China reaches a trade-deal, I will buy the hell out of EUR/USD. Thats a no brainer
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