Discover the fascinating world of currency correlation pairs, where certain currency pairs move together while others move in opposite directions, a phenomenon that can impact your trading decisions.
Currency pairs in the foreign exchange market don't move in isolation. Instead, they form complex relationships with one another, creating patterns that savvy traders can leverage for profit. These ...
A Bloomberg analysis shows that over the past year, for every 1% yuan move, the Thai baht, Malaysian ringgit, Chilean peso, Mexican peso and Brazilian real have moved closely in tandem. Meanwhile, the ...
The foreign exchange market appears to have finally shaken off the tyranny of risk-on/risk-off (RORO), with correlation across dollar currency pairs dropping to their lowest levels since the start of ...
EUR/USD has been regarded by many as a “Risk Currency” e.g. EUR/USD will rally when market is optimistic and upbeat about the economy, and vice versa. The antonym of “Risk Currency” would be “Safe ...
Is there a correlation between the price movements of bitcoin and other cryptocurrencies and crypto assets? The answer to that question varies quite a bit based on which asset – and which time period ...
The Canadian dollar’s increasingly tight linkage to the US dollar risks dragging the loonie lower against global peers as the ...
China’s new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market (EM) currencies, as investors brace themselves for lower US interest rates. Read more at ...