02.11.2015 • 14:00 GMT
Forecasting the USD Index and commodities; effect on the FX Majors
Steve O'Hare, Managing Director at First4Trading
Ian Coleman, Steve O’Hare and the Pia First Team look to break down the long and short-term outlook for the USD, and look to how it impacts the FX Majors
Correlation is a major factor in intermarket analysis; Oil and Canadian dollar, stocks and safe haven currencies such as the Swiss Franc and Japanese YEN, Gold and the Aussie dollar. The USD index is the major player in this market place. A solid forecast here (USD) can lead to substantial gains in the USD majors