A look at $EURUSD, $GBPUSD, $AUDCAD $AUDJPY (June 2012 basis about to expire)

Observing a near-term change in direction in the Euro, and British Pound (all about the USD and “fear” levels and demand for the world’s reserve fiat), as well as how two commodity currencies are doing relative to each other and a brute, simplified view of “risk on versus risk off” in the form of AUD and JPY pair. Charts depicted are of prices in the past 6 months, using relavant exchange traded proxies, a/k/a futures contracts.








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