April 16, 2019
Gold and USD
During times of Economic Unrest, investors shows lack of interest in Dollar(USD). Hence, when gold goes up, USD falls.
Gold and AUD/USD
Australia is the third largest gold producer in the world, selling approx. $5Billion/year. So AUD/USD raises when gold goes...
January 2, 2019
What is Currency Correlation?
Currency correlation depicts an extent to which two currency pairs have moved in same, opposite, or totally random directions over a period of time.
Why a certain currency pair rises, another currency pair falls?
Why same curr...
December 28, 2018
EUR/USD is poised to close nearly 5% lower year-to-date with the pair trading just 1.5% off the 2018 lows.
For months now, we’ve been tracking a key support pivot in Euro and the focus remains on a breakout of the consolidation range which has go...