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Eastern European EM pairs moving back towards all-time highs

Given the strong correlations, if the DXY pulls back, watch for USD/PLN and USD/HUF to pull back with it!

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April 27, 2022 03:44 PM
Energy

6 reasons Crude Oil is lighting it up; USD/HUF along for the ride

There is a strong positive correlation between the direction of WTI Crude Oil and USD/HUF

Bank notes of different currencies

Can’t trade the Russian Ruble? Look to Eastern European EMs

There are some Eastern European Emerging Market currencies which are highly correlated with USD/RUB.

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