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C U R R E N C Y PA I R C O R R E L AT I O N S W I T H GOLD EQUIDIOUS FOREX SIGNALS +1(347)434-9786
Gold with USD, AUD and NZD
Gold and USD During times of Economic Unrest, investors shows lack of
interest in Dollar(USD). Hence, when gold goes up, USD falls.
Gold and AUD/USD Australia is the third largest gold producer in the world, selling
approx. $5Billion/year. So AUD/USD raises when gold goes up.
Gold and NZD/USD New Zealand is also one of the biggest gold producer in the
world. With gain in gold, NZD/USD also goes up.
Gold with CHF, CAD and EURO
Gold and USD/CHF CHF raises when gold goes up as 25% of Switzerland's reserve
are backed by gold and pair moves down.
Gold and USD/CAD CAD raises when gold goes up as Canada is 5th largest producer
of gold. Hence, when gold raises up, USDCAD goes down
Gold and EUR/USD Both Gold and Euro are ANTI_DOLLARS. If price of gold goes up
then EUR/USD may go up as well.
Oil and USD/CAD CAD raises when Oil goes up as Canada is one of the top Oil Producer that exports
2 Million Barrel/Day . USDCAD goes down with the rise in Oil.
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