Is The Dollar Commodity Correlation Breaking Down?Rupert Hargreaves
Is The Dollar Commodity Correlation Breaking Down?
A few weeks ago, technical analysts at CLSA Benthos published a research which seemed to claim that the dollar commodity correlation is breaking down.
This claim is based on technical analysis that claims the Dollar Index could move to 115 in the near term. However, commodity prices are also gaining ground, giving a reason to believe that the dollar commodity correlation is starting to break down.
Commodity prices display a predictable pattern
Over the past 100 years, commodity prices have displayed a very predictable pattern. Prices accelerate every 28 . . .
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