Summary on inter-market correlation

Intermarket correlations in forex requires you to analyze different global economic markets in relation to their currencies.

This lesson will see overview of what we covered about intermarket correlations in forex from previous lessons.

The global market economy is comprises of securities such as bonds, and other government financial securities.

It also comprises of, stock indices, commodities such as gold, oil, natural resources and agricultural products and currencies.

The commodities, bonds and stocks are often affected by fluctuations of the prices of currencies.

Therefore, this has established a strong inter-market correlation between the global economic market and their respective currencies.

Intermarket correlations in Forex

How Commodity Prices Affect Currency Movement 

The table below shows a summary on how major commodities affect forex market. These major commodities include; Gold and Oil. We discussed with examples and details in our previous lessons.

Just as we mentioned in previous lessons, commodity price fluctuations greatly affect certain currencies much greater than others.

Take a look below;