Hi there
I was wondering if anyone has information on the correlation between different countries. For example china is releasing a bunch of news soon, which countries are most effected and least effect with this news. I been searching but caantseem to find anything. A correlation chart would be great. I have found currency correlation charts but they don’t seem to help me.
Thanks in Advance
China pegs its currency and isn’t traded on the spot market. But the AUD is used as a proxy for China, since China is a major buyer of Australian resources (if China is doing well, so is Australia).
Correlation charts and tables are easy to find. What are you having difficulty with?
With the correlation charts they are always comparing currency pairs. How could I find the correlation between china vs new Zealand’s currency using this chart Forex Correlation Calculator | Forex Correlation | Correlation Calculator
Thanks again:)