EURUSD & SPX, Direction vs Momentum

by Ashraf Laidi

Jul 28, 2011 15:46

Shedding further light on Tuesday's Premium piece regarding the decline in correlation between EURUSD and S&P500; several readers have asked us how come the correlation has declined while both EURUSD & S&P500 moved lower yesterday. Premium members can see the full explanation in today's Premium "Intermarket Insights" in this link: http://ashraflaidi.com/products/sub01/access/?a=464 Click here to become a member: http://ashraflaidi.com/products/sub01/

Also see our insights on the Bank of Japan and JPY

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