[J. Abizeid]

Originally Posted by Venom

I don't think there is a real correlation in here, I will get you the correlation figure between the FX and markets next week when the Eid el Fitr Holiday is over....
Here a chart between the main US indeces and the EUR/USD

The dollar game has not been a fair one due to manipulations mainly by China and Japan but things are changing now.
Remember it’s the US dollar game vs. the rest of the world currencies not just the euro.
Some believe when dooms day comes, the US stock crashes, the dollar follows and gold shoots up way above $2.000.
For now, the correlation between economies and their currencies is real but the behavior between a real producing economy like Germany and China is opposite to the phony US economy that is based on consumption and printing paper dollars to support it.
The fundamentals have not changed a bit in the US economy. They are trying to re inflate a bubble that has so many holes in it by printing and pumping more fake dollars into it. Every time you see signs of life in that bubble, it’s caused by inflation not healthy economy. I other words more dollars for less value.

BTW, Happy Eid Fitr to you and all!