It is the beginning of the fourth quarter and demand for US Dollars continues to be voracious, driving the EUR/USD below 1.40. In less than 2 weeks, the most liquid currency pair in the world has fallen close to 6 percent or more than 8.5 cents (850 pips).
However the dollar is not [...]

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For currency traders, the most interesting article in today’s Wall Street Journal is the one about volatility in the financial markets causing trading relationships to be in flux.
This article examines some of the correlations that we talk about regularly, between USD/JPY and stocks or the EUR/USD and oil. The premise of this article [...]

Posted in Fed fund futures usdjpy, eur/usd, forex correlations, fx correlations, usd/jpy No Comments »