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The daily correlation between EUR/USD and S&P 500 has decreased from 80 to +50, as the worries increases about Euroland but the stock market refuses to go down.
http://screencast.com/t/1ZKezLU90ib
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Decreasing correlation Euro and S&P 500
Posted by lebow on 17th of Nov 2011 at 11:48 am
The daily correlation between EUR/USD and S&P 500 has decreased from 80 to +50, as the worries increases about Euroland but the stock market refuses to go down.
FXA (orange line) vs SPY
Posted by tonto on 17th of Nov 2011 at 12:02 pm
http://screencast.com/t/1ZKezLU90ib