What can you observe about the pattern of the movements

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Question: Search the meaning of 'safe haven'. Now, obtain the data on (1) (USD Index - US Dollar Index Futures (DXU0), (2) USD/JPY - US Dollar Japanese Yen, (3) EURUSD, and (4) XAU/USD - Gold Spot US Dollar from 2002 to-date, calculate the daily returns on each of them and prepare the correlation matrix. What can you observe about the pattern of the movements of funds among the world's major currencies?

Reference no: EM133264814

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