Correlation is a statistical relationship between two or more random variables (or quantities which can be considered random with some acceptable degree of accuracy). Changes in one ore more variables lead to systematic changes of other related variables. The mathematical measure of the correlation of two random variables is the correlation coefficient. If a change in one random variable does not lead to a regular change in the other random variable but leads to a change in another statistical characteristic ...
Trading the News: U.S. Consumer Price Index (CPI) The U.S. Consumer Price Index (CPI) may undermine the recent rebound in EUR/USD as the headline reading is expected to hold steady at 1.6% in February. What's more is that the core rate of inflation is projected to print 2.2% for the fourth consecutive month, and signs of sticky price growth may spark a bullish reaction in the U.S. dollar as it put pressure on the Federal ...
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