What is a high beta currency? | Traders Hideout


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What is a high beta currency?

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What is a high beta currency?


Quoting 
Although USD/JPY spent most of the day above 107, it struggled to extend its gains as investors opted to buy high beta currencies like euro, sterling, Canadian, Australian and New Zealand dollars over the greenback


Anyone know what a high beta currency is and why investors are interested in them?

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