The trend is my friend? The world casino is my friend!
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DislikedI understand that if people keep buying bonds for safety, the bond prices will go up. But how does that correlate with currencies? My understanding is that interest rates affect the demand for currencies.Ignored
DislikedI understand that if people keep buying bonds for safety, the bond prices will go up. But how does that correlate with currencies? My understanding is that interest rates affect the demand for currencies.Ignored
DislikedThis only works for tresuary bonds. When people buy them for safety they need to convert whatever they have (EUR, AUD, JPY or whatever) to USD to buy those bonds, so when the prices go up it means more people are buying and a lot of the time that means people are buying USD.
Hope this helps,
JeremyIgnored