**As seen in Macro Walk report 01/02/2022, subscribe at cablefxm.co.uk/reports
USD/CAD and EUR/USD have lost valid short-term correlations to crude oil and the 5-year yield, respectively. The USD/CAD 100-day correlation coefficient to crude oil is -0.88 vs 25-day -0.34. The U.S. 5-year yield, EUR/USD correlation stands at 0.23 (25-day) vs -0.73 (100-day)
The complete table of FX correlations to cross assets is found at page 29, the table shown below is the absolute difference between 25-day and 100-day correlation coefficients
Comments