{"id":9863,"date":"2010-06-14T15:18:42","date_gmt":"2010-06-14T19:18:42","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=9863"},"modified":"2016-09-20T07:19:48","modified_gmt":"2016-09-20T11:19:48","slug":"once-again-currency-markets-lead-equities","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2010\/06\/14\/once-again-currency-markets-lead-equities\/","title":{"rendered":"Once Again, Currency Markets Lead Equities"},"content":{"rendered":"<p>It was a great day for markets and the Euro, until the dreaded downgrade of Greece. More important than the downgrade is the fact that each tick of the Euro\/USD appears to move the S&amp;P 500 and other equity indicies.<\/p>\n<p>Perhaps it is the new carry-trade or the fact that there is so much fear built in to these markets that a sneeze in the wrong direction releases the sell orders.<\/p>\n<p style=\"text-align: left;\">Take a look at today&#8217;s 10-minute chart of the Euro\/USD and the S&amp;P 500. An almost perfect correlation.<\/p>\n<p style=\"text-align: center;\">\n<a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/06\/euro_sp_correlation.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-9862 aligncenter\" title=\"euro_sp_correlation\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/06\/euro_sp_correlation-610x466-1.jpg\" alt=\"\" width=\"610\" height=\"466\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was a great day for markets and the Euro, until the dreaded downgrade of Greece. More important than the downgrade is the fact that each tick of the Euro\/USD appears to move the S&amp;P 500 and other equity indicies. Perhaps it is the new carry-trade or the fact that there is so much fear [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[284,483],"class_list":["post-9863","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-currency","tag-markets","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/9863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=9863"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/9863\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=9863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=9863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=9863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}