What is a high beta currency?

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Updated April 10, 2018

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What is a high beta currency?

April 10th, 2018, 06:25 PM

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Grantx

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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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