Day: 19 April 2016

 

DAX v EURO correlation

Correlation is about how certain things are related. Some instruments are inversely correlated i.e. if price goes up on one, then price tends to go down on another. Positive correlation  means they move in the same direction. It is almost never the case that there is perfect correlation between two instruments. Interestingly the DAX (GER30) which is the German stock market index, has a broad inverse correlation with the EURUSD currency pair, especially on higherRead More