But from a longer term perspective we are starting to see some cracks in the correlation. We will be monitoring closely which series catches up (or down) to the other.
Wednesday, March 5, 2014
S&P 500 and the Yen Still Moving in Lock Step Despite Geopolitical Turmoil
Even amid geopolitical turmoil S&P 500 futures (blue line) and the JPY/USD exchange rate (orange line) are still moving in virtual lock step.
But from a longer term perspective we are starting to see some cracks in the correlation. We will be monitoring closely which series catches up (or down) to the other.
But from a longer term perspective we are starting to see some cracks in the correlation. We will be monitoring closely which series catches up (or down) to the other.