Looking for Trends for EUR/USD in Forex Trading

249876 Resource 119235 120646 120646 1265726001716 1265726001716 Controlled Use Equities to Find Trends for EUR/USD in Forex Trading

Currency trading tools

One of the things you can do to help find trends for EUR/USD in forex trading is to look at equities. The way that equities perform often correlates to how well the euro does in forex trading against the <a href="item/249875" target="_blank" title="U.S. dollar, EUR/USD, euro forex trading, Kathy Lien, forex trading, currency trading, trading tools, FX360">U.S. dollar</a>. Indeed, there is a high correlation, reports GFT's Kathy Lien in  <a href="http://www.fx360.com/commentary/kathy/2786/relationship-between-eurusd-and-equities.aspx?aid=5704" target="_blank" title="U.S. dollar, EUR/USD, euro forex trading, Kathy Lien, forex trading, currency trading, trading tools, FX360">FX360</a>: <blockquote> In the meantime, currency traders should continue to keep their eyes on equities. Over the past year, there has been an 88 percent positive correlation between <span onmouseover="clearTimeout(tmout); ShowPopup(this,'https://gftnet.gftforex.com/uploads/gbpusd091508.gif','EUR/USD','EUR/USD');" onmouseout="tmout = setTimeout("HidePopup()",1000);" style="color: #004276; cursor: pointer; text-decoration: none;">EUR/USD <img border="0" src="http://www.fx360.com/App_Common/images/chart-icon.gif" /> and S&P 500. This correlation has increased to 92 percent since the beginning of the year which suggests that if there is no catalyst to move currencies, forex traders will most likely to take their cues from equities. The following chart illustrates the strong correlation between the <span onmouseover="clearTimeout(tmout); ShowPopup(this,'https://gftnet.gftforex.com/uploads/gbpusd091508.gif','EUR/USD','EUR/USD');" onmouseout="tmout = setTimeout("HidePopup()",1000);" style="color: #004276; cursor: pointer; text-decoration: none;">EUR/USD <img border="0" src="http://www.fx360.com/App_Common/images/chart-icon.gif" /> and S&P 500 over the past few years - there is no reason why the relationship will change this week. </blockquote> <img vspace="5" hspace="5" src="http://mirandamarquit.smugmug.com/Other/Blogging/eurusdsp0210/784566161_C7aPd-M.jpg" style="width: 434px; height: 273px;" /> 9 application/xml false currency trading EUR/USD euro forex trading forex traders forex trading FX360 Kathy Lien trading tools U.S. dollar Looking for Trends for EUR/USD in Forex Trading Currency trading tools and tips from GFT http://www.gftforex.com/land/?aid=7357 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.1.7) Gecko/20091221 Firefox/3.5.7 GTB6 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 119235 blog blogsite/GFTForex/web