finitemonk

The Euro/Indices Correlation

INDEX:EUR   Index EUR
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Just happened to check this out from doing a randomly selected overlay on a different chart. (Checked out: It is quite well web documented.)
Impressive. Tight. At unprecedented levels of near perfection.
I was contemplating the idea that in order for what I think is going to happen in the forex majors/indices/metals markets, one of the potential mechanisms could be that the Euro             crisis will re-emerge, certainly that the EUR/USD             having peaked is just starting to turn less upward. That was before I checked this out. The concern seems to be that where so goes the Euro             ... that the correlation is that way round.
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