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| 6 Months |
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| 3 Months |
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| 1 Month |
1 Month Loser: Hong Kong / Winner: US
3 Months Loser: UK / Winner: Germany
6 Months Loser: UK / Winner: Germany
The strangest thing is that the UK Pound (GBP) closes at a high level of 1.60331 in the same time being the loser in the stock market in terms of 3 months and 6 months graphs. The market explains this phenomenon to be the Olympic Effect.
US, the winner in the graph of one month, reflects the strength in the US stock market. The market explains that " Apple " has contributed a lot of effort into the US stock market with improving Economic data.
Thanks
Paul
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