dollar index and S&P futures (ES) correlation

Apr 21, 2010 at 01:11
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2 Replies
Membro Desde Jan 12, 2010   2 postagens
Apr 21, 2010 at 01:11
Anybody noticed today the inverse correlation of dollar index and ES has changed to direct correlation? What I mean just in case who don't understand is that the dollar has been used to fund the purchase of equities. So when the dollar index goes down the stock market goes up. But today it's changed.. dollar index is going up and so is ES (S&P)
Membro Desde Mar 22, 2010   49 postagens
Apr 21, 2010 at 04:24
also usd/cad weak. aus/usd strong, gold rebounding to name a few. imho, not much to keep an eye with.
God is great all the time
Membro Desde Jan 12, 2010   2 postagens
Apr 21, 2010 at 19:43
hmmm, this correlation only lasted a few hours and fizzled out.. i guess it was nothing...
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