Discussion in 'Trading' started by Trend Fader, Nov 23, 2005.
Is there like 99% correlation between these two markets.. can some explain why?
I'm not sure where you're getting the 99% correlation from (source?) but the USDX is weighted as follows:
So yes, there would be some degree of correlation as USD/CHF is a component of USDX... but 99%? I'm doubtful.
Do a correlation study.. and u will see they are over 95% correlated...
This website shows the correlation as -1
I don't see the USDX on there, are you referring to EUR/USD like the other thread?
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