📃 Market correlation: everything you need to know

Read a new article from FBS analysts and learn valuable trading tips! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [FBS&FCB&LCFC]( [Personal area]( [Forex news and more]( Especially for you this week: 1. Market correlation: tips & insights 2. Weekly economic calendar 3. Will the US Dollar Rise again? 4. Weekly outlook [Market correlation: tips & insights]( ARTICLE Market correlation: tips & insights Today’s article is dedicated to one of the essential topics in trading, market correlation. Our analysts will explain how to use correlation in trading and share some tips and insights on diversifying your trading strategy. Are you ready to learn? [Read now]( Do you diversify your portfolio? [💪 Sure I do!]( [🤔 No, I trade one instrument]( [🤓 No, I need to learn]( [Weekly Economic Calendar]( February 9, 17:30 MT time US oil inventories If the actual number is higher than expected — XTI and XBR will fall. [Trade: XBR/USD, XTI/USD, CAD/USD.]( February 10, 15:30 MT time US CPI If actual numbers beat expectations — the USD will rise [Trade: XAU/USD, EUR/USD, NZD/USD, USD/JPY.]( February 11, 9:00 MT time British GDP If actual numbers beat expectations — the GBP will rise. [Trade: GBP/USD, GBP/CAD, GBP/JPY.]( [Check calendar]( * MetaTrader time (MT time) is the server time of the trading platform — MetaTrader. It’s the same as Eastern European Time (EET) and GMT +2. Check MT time at the top of the ‘Market Watch’ window or on the time axis of the price chart with the 1-minute timeframe. [tips] To see MT time in the mobile app, go to the ‘Quotes’ screen. For MetaTrader 5, it’s placed under a currency pair. For MetaTrader 4, in the ‘Advanced’ section, above a currency pair. [tips] [Will the US Dollar Rise again?]( Will the US Dollar Rise again? The US dollar index was heading for its worst week in nearly two years after hawkish shifts from the European Central Bank and the Bank of England. The index has reached a 3-week low of 95.27, dropping about 2% last week. It was the biggest fall since March 2020. Even after the upbeat numbers from US nonfarm payrolls, the US dollar index only rose to 95.64. However, JPMorgan sees that the dollar can extend its rally before the Federal Reserve starts raising interest rates, as it still has room to strengthen. [Learn more]( Weekly outlook [New video]( is out now! February 8-11 Forex news coverage & trading tips [weekly]( [telegram] Subscribe to [FBS Analytics]( Telegram channel with Forex news [how-to-start] Go to [FBS website]( and learn how to start trading on Forex [fbs] The market is changing. Our job is to feel its rhythm. Eduard Melkostupov, FBS analyst [Trade now]( [Contact us]( | [Personal area]( You received this email because you registered at [fbs.com](. If you have any questions, please contact us via email at support@fbs.com [google_play]( [apple_stor]( Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web version]( | [Unsubscribe]( | [About Us]( FBS is always by your side since 2009