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    • gammase1 replied Jun 26, 2008

      Good question, my friend I used to trade EUR/JPY which had 92% correlation with the S&P 500, making it a great way to hedge my long equity holdings by going short on the pair. However, this relationship has completely broken down in the past 6 ...

      Cable Update (GBPUSD)
    • gammase1 replied Jun 26, 2008

      but it is more relevant to the U.S. (and therefore the dollar), due to oil being priced in dollars. of course oil remains the world's problem. however, there has been an undeniable link from the movement in the price of crude oil and the value of ...

      Cable Update (GBPUSD)
    • gammase1 replied Jun 26, 2008

      there has been a developing strong negative correlation between the Dow/S&P 500 versus cable and eurusd i think the price of oil is the main driver of this recent trend. when the price of crude goes up, the dollar is sold off (or vice versa), ...

      Cable Update (GBPUSD)