6 Tips about Correlations

In forex trading, no currency pair can act independently of another currency. For example, if USD/GBP is trading in one direction, you can bet that...
If you don't have all of your money in one place, your paper losses should be mitigated, making it less difficult emotionally to ride out the dips in...
A weaker, but still important, correlation is that of gold prices and the Swiss franc. The country's political neutrality and the fact that its...
The top three currencies that have the tightest correlations with commodities are the Australian dollar, the Canadian dollar and the New Zealand...
Generally speaking, when gold prices rise, the Australian dollar appreciates as well. The proximity of New Zealand to Australia makes Australia a...
To be an effective trader, understanding your overall portfolio's sensitivity to market volatility is important. But this is particularly so when...