oussama94
05-28-2017, 00:42
Correlation is a statistical term describing the
relationship between two variables. Professional
forex traders have long known that trading
currencies requires looking beyond the world
of forex, because currencies are moved by
many factors - supply and demand, politics,
interest rates, economic growth, and so on.
More specifically, since economic growth and
exports are directly related to a country's
domestic industry, it is natural for some
currencies to be heavily correlated with prices
of the main commodities a country exports
or imports.
relationship between two variables. Professional
forex traders have long known that trading
currencies requires looking beyond the world
of forex, because currencies are moved by
many factors - supply and demand, politics,
interest rates, economic growth, and so on.
More specifically, since economic growth and
exports are directly related to a country's
domestic industry, it is natural for some
currencies to be heavily correlated with prices
of the main commodities a country exports
or imports.