DailyFX: US Dollar Correlation to FTSE at Record

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DailyFX: US Dollar Correlation to FTSE 100 at Record Strength Forex correlations to the US Dow Jones Industrial Average, UK FTSE 100 Index, Oil, Gold, and Silver prices remain quite strong. Key currencies serve as strong proxies to positions in other financial asset classes.   The US Dollar (ticker: USDOLLAR) trades with a record correlation to the Dow Jones Industrial Average and UK FTSE 100-cementing the US Dollar's position as a foremost safe-haven currency and having clear implications for its next moves.   Download the Full Article Best regards, David Rodríguez, Quantitative Strategist drodriguez@dailyfx.com DailyFX Home | research@dailyfx.com | Contact US ©2009 DailyFX. All Rights Reserved. Forex Capital Markets, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. Forex Capital Markets, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Forex Capital Markets, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results.

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