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Blake morrowtf2019

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The document discusses whether the USDJPY is still the best correlated foreign exchange pair to the S&P 500 index. It analyzes the historical correlation between the USDJPY and S&P 500 as well as the Nikkei 225 index. While the correlation between USDJPY and S&P 500 has remained strong, the document suggests the downside correlation may strengthen in coming months. It also notes that the USDJPY has high correlation to the Nikkei 225 index and that emerging market currencies like the Mexican peso offer opportunities.

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IS THE USDJPY STILL THE BEST FX PAIR FOR RISK? BLAKE MORROW FOREX ANALYTIX
CORRELATIONS IN MARKETS Correlation in Foreign Exchange vs. Stocks "correlation does not imply causation
IS THE USDJPY THE BEST CORRELATED FX PAIR TO THE S&P?
Blake morrowtf2019
End 2013 Dec 2016
End 2016 Present
How about the USDJPY and Nikkei?
End 2009 Present
End 2009 Present
USDJPY SPX CORRELATION? Correlation is still strong Downside USDJPY and SPX may be stronger in months ahead Best USDJPY correlation would be the Nikkei
IS THE USDJPY THE BEST CORRELATED FX PAIR TO THE S&P? Lets take a look at central bank rates!
CENTRAL BANK RATES Source Investing.com
MXN Rates
What about the DXY and the SPX? Does the DXY still represent a safe haven?
GFC Great Financial Crisis
End 2009 Present
End 2009 Present
Oct 2018 Dec 2018
Long term SPX trend line at 2500
IS THE USDJPY THE BEST CORRELATED FX PAIR TO THE S&P? Lets go live!
IN CONCLUSION: USDJPY and SPX correlation may be better when stocks fall There are many other pairs to consider as well Emerging market currencies like the MXN offer opportunities Watch the global race to zero
THANK YOU! WWW.FOREXANALYTIX.COM DISCOUNT CODE: WWW.FOREXANALYTIX.COM/TRADERFEST2019

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Blake morrowtf2019