Back to Market Commentary by Product Group

•   The world’s biggest central banks are starting to unwind emergency measures introduced earlier this year to stave off a second Great Depression. (Bloomberg)
•   German factory orders rose for a seventh month in September. (Bloomberg)(Bloomberg)

Quotable
"The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that those who are ignorant of the past are condemned to repeat it."

       - Henry Hazlit


FX Trading – Change in Gold-Dollar Correlation
We recently warned of the potential for changing correlations, no sooner was the ink dry than we noticed a a big one concerning gold and the US dollar index…

Click here for today’s audio/video Currency Currents


Have a great weekend.

Jack Crooks
Black Swan Capital LLC

The daily commentaries provide a recap of FX traded price activity, an analysis of the factors that influenced price activity, a recap of any reports released that day, and a look ahead at the next day's schedule. CME Group provides market commentaries for corn, wheat, soybeans, gold, silver, FX, equities and regional markets.

The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.