You need to be logged in to view this content.
Summary
At a time when all markets rose and sank in unison correlation trading retreated to the status of being a given. However with impending divergences in the policy directions of major central banks 'Correlation Trading' may once again be a topic of interest for those looking for an edge. Join me, Mark de la Paz andLatest Live Videos
Editors’ Picks
US CPI matched consensusin April, rising by 3.4% over the last twelve months – LIVE
US inflation figures tracked by the headline Consumer Price Index (CPI) rose in line with previous expectations during last month by 3.4%, while the Core print gained 3.6% from a year earlier.
EUR/USD advances to fresh tops post-US CPI
The weak stance of the Greenback encourages EUR/USD to gather extra steam following the release of US inflation data in April, which came in lower than expected, as measured by the CPI.
GBP/USD extends the recovery past 1.2600 on US CPI
GBP/USD maintains its upward momentum well and sound and breaks above the 1.2600 mark on the back of extra losses in the US Dollar after the release of US inflation data tracked by the CPI.
Gold climbs to three-week peaks following US inflation
Gold prices uphold their positive price action following April’s US inflation data, which came in short of expectations according to the CPI, while US yields maintain their bearish trend unchanged so far on Wednesday.
Ripple’s discounts for institutional clients stir debate among attorneys discussing SEC lawsuit
Ripple price consolidates in a tight range around $0.50 on Wednesday as the Securities and Exchange Commission (SEC) legal battle against payment-remittance firm Ripple intensifies with two key issues in focus this week.