Currency Analyst since 2010

EUR/USD de-correlated with stocks

As you may see on this 6-month chart, EUR/USD used to correlate with the stock market (Euro Stoxx 50 index), but now they are moving in the opposite directions. As a result, if US economic data keeps getting better and the market’s sentiment improves making stocks gain, euro might have serious difficulty in holding a firm bid. 

Chart from The Wall Street Journal Market Data Center

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