Thursday, June 10 , 2010 - 04:00 UTC
As we mentioned before that there is a big correlation between the VIX and the US Dollar index (USDX) and we saw this correlation during the past week especially during the last day of trading (Friday) which was a bullish day for the US Dollar across the board except the Aussie and the New Zealand dollars. The European currency fell from 1.2150 towards 1.2044 while the British Pound fell to 1.4505 from its weekly high at 1.4757. We mentioned and warned about this bullish move and that the risk...

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