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Dow Jones FXCM Dollar Index Correlation to DJIA at Record Strength

Dow Jones FXCM Dollar Index Correlation to DJIA at Record Strength

2011-05-31 18:27:00
David Rodriguez, Head of Business Development
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The correlation between the Dow Jones FXCM Dollar Index and the Dow Jones Industrial Average trades near record strength, underlining the USD’s sensitivity to broader financial market moves. The Dollar Index represents a strong proxy for trading the Dow and also crude oil and gold prices.

Click to read the full article on Dollar Index correlations to the Dow Jones, crude oil, and gold prices.

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