Change in Gold-Dollar Correlation
- The world’s biggest central banks are starting to unwind emergency measures introduced earlier this year to stave off a second Great Depression. (Bloomberg)
- German factory orders rose for a seventh month in September. (Bloomberg)
Quotable
“The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that those who are ignorant of the past are condemned to repeat it.”
Henry Hazlitt
FX Trading - Change in Gold-Dollar Correlation
We recently warned of the potential for changing correlations, no sooner was the ink dry than we noticed a a big one concerning gold and the US dollar index…
Click here for today’s audio/video Currency Currents
Have a great weekend.
Related Posts:
- Is it time for a proper pounding? 10:12 12 April 2011
- Silver to test 200-day moving average? At least? 11:47 27 June 2011
- Our Wave View is Scary - 5,100 on the Dow before this is over! 22:05 13 October 2011
- Bad day of the dollar 07:31 24 June 2009
- ECB Policy Still Standing Still, Euro Losing Its Footing 11:19 02 October 2008
Forex Blog: Currency Currents

