EUR/USD and S&P 500 is showing some correlation. This is likely due to the current economic climate. We explore how this provides insight for forex trading.
Correlation Reports
18 posts
EUR/USD and Gold is now generally not correlated but yet there are opportunities for useful insights on the undertones of the market for our forex trading.
EUR/USD and Oil while generally not correlated, may at times offer useful insights to the undertones of the market for our forex trade planning.
Correlations between currency pairs and financial assets may provide useful insights. EUR/USD and S&P 500 remain inversely correlated despite risk aversion.
Correlation is a measure of how two financial assets move in relationship with each other. It ranges from being a 100% positive correlation, which means both financial assets move in unison or a 100% negative correlation which means both financial assets move in exact opposites. In forex, we can seek […]
Correlation is a measure of how two financial assets move in relationship with each other. It ranges from being a 100% positive correlation, which means both financial assets move in unison or a 100% negative correlation which means both financial assets move in exact opposites. In forex, we can seek […]