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Video Analysis: S&P/Dollar Correlation and Gbp/JpyTop ↑  June 06 The Us dollar was mostly flat against the majors during the Asian hours, but we can already see some strenght now, as European stocks trade lower. Well, trading in this week should be quite interesting, to see how broken correlation between Eur/Usd and the equity market will play out, which was broken in the past week, when dollar and stocks found sellers after the poor US economic data. Well we still think that further weakness on stocks may cause the reversal on the US dollar and send the Japanese yen even higher at the same time. More in the video below. Price action will tell! having problems with video below? Click here Video tour of our product offerings Follow us on Twitter or Facebook Subscribe to our newsletter Newsletter archive
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Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.
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