{"id":16242,"date":"2013-01-12T16:14:01","date_gmt":"2013-01-13T00:14:01","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=16242"},"modified":"2013-01-12T16:14:01","modified_gmt":"2013-01-13T00:14:01","slug":"australian-dollar-regains-correlation-with-sp500","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/","title":{"rendered":"The Australian Dollar Breaks Out As It Regains Correlation With The S&#038;P 500"},"content":{"rendered":"<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2013. <a href=\"http:\/\/seekingalpha.com\/article\/1106991-the-australian-dollar-breaks-out-and-regains-correlation-with-the-s-p-500\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>On Thursday, January 10th, China reported export growth much larger than forecasters expected. {snip} This surge helped push the Australian dollar (FXA) far enough to finally break a long-standing downtrend against the U.S. dollar.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_16237\" aria-describedby=\"caption-attachment-16237\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png\" alt=\"The Australian dollar FINALLY breaks its downtrend versus the U.S. dollar\" title=\"The Australian dollar FINALLY breaks its downtrend versus the U.S. dollar\" width=\"500\" height=\"350\" class=\"size-full wp-image-16237\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png 500w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD-300x210.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><figcaption id=\"caption-attachment-16237\" class=\"wp-caption-text\">The Australian dollar FINALLY breaks its downtrend versus the U.S. dollar<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>The timing of the breakout is notable because at the same time, the S&#038;P 500 (SPY) rallied to the edge of last year&#8217;s triple top, the first leg of which occurred on September 14th, the day after the U.S. Federal Reserve announced QE3. {snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_16246\" aria-describedby=\"caption-attachment-16246\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_SP500.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_SP500.png\" alt=\"The S&amp;P 500 challenges the first and highest leg of the triple top\" title=\"The S&amp;P 500 challenges the first and highest leg of the triple top\" width=\"500\" height=\"350\" class=\"size-full wp-image-16246\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_SP500.png 500w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_SP500-300x210.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><figcaption id=\"caption-attachment-16246\" class=\"wp-caption-text\">The S&P 500 challenges the first and highest leg of the triple top<\/figcaption><\/figure><br \/>\n<strong>Source for charts: <a href=\"http:\/\/www.freestockcharts.com\/\" target=\"_blank\">FreeStockCharts.com<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>In other words, <a href=\"http:\/\/seekingalpha.com\/article\/619541-correlations-are-broken-but-australian-dollar-still-leads-the-s-p-500\" target=\"_blank\">the typically strong correlation between the Australian dollar and the S&#038;P 500 that I have frequently referenced<\/a> had broken. The correlation is now poised to re-establish itself with the breakout of AUD\/USD and the testing of 52-week and multi-year highs by the S&#038;P 500. The key to resolution of this convergence may be iron ore prices.<\/p>\n<p>{snip} Last August, <a href=\"http:\/\/brazilianbubble.com\/chart-the-correlation-between-iron-ore-price-and-the-australian-dollar\/\" target=\"_blank\">the blog &#8220;Brazilian bubble&#8221; posted a chart<\/a> showing the strong correlation between the Australian dollar and iron prices with this summary:<\/p>\n<blockquote><p>\n&#8220;The rolling annual correlation over the entire period 2005 to current runs at around 70%, and through 2008-2010 this was closer to 90%. By contrast, in the year to date correlation is running at just 12%.&#8221;<\/p><\/blockquote>\n<p><center><br \/>\n<figure style=\"width: 502px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/brazilianbubble.com\/wp-content\/uploads\/2012\/08\/iron-ore-australia.png\"><img loading=\"lazy\" decoding=\"async\" alt=\"Iron ore versus Australian dollar as of August, 2012\" src=\"http:\/\/brazilianbubble.com\/wp-content\/uploads\/2012\/08\/iron-ore-australia.png\" title=\"Iron ore versus Australian dollar as of August, 2012\" width=\"512\" height=\"420\" \/><\/a><figcaption class=\"wp-caption-text\">Iron ore versus Australian dollar as of August, 2012<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>{snip} In just four months, iron ore has gone from three-year lows to 15-month highs!<\/p>\n<p><center><br \/>\n<figure id=\"attachment_16252\" aria-describedby=\"caption-attachment-16252\" style=\"width: 525px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130109_iron-ore2012.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130109_iron-ore2012.png\" alt=\"Iron ore prices have swung wildly over the past 12 months\" title=\"Iron ore prices have swung wildly over the past 12 months\" width=\"535\" height=\"301\" class=\"size-full wp-image-16252\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130109_iron-ore2012.png 535w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130109_iron-ore2012-300x168.png 300w\" sizes=\"auto, (max-width: 535px) 100vw, 535px\" \/><\/a><figcaption id=\"caption-attachment-16252\" class=\"wp-caption-text\">Iron ore prices have swung wildly over the past 12 months<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/www.smh.com.au\/business\/markets\/is-this-spike-one-last-hoorah-for-iron-ore-20130109-2cfx0.html\" target=\"_blank\">The Sydney Morning Herald<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>Note that the Australian dollar actually sold-off during the first half of the acceleration in iron ore prices in December. It seems that instead of a tight correlation, iron ore is now leading the Australian dollar. {snip}<\/p>\n<p>&#8230;A continued rally across the board would be a powerful confirmation of bullish momentum in financial markets. A coordinated pullback might confirm that markets have rallied beyond what the economic fundamentals will support. {snip}<\/p>\n<p>Be careful out there!<\/p>\n<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2013. <a href=\"http:\/\/seekingalpha.com\/article\/1106991-the-australian-dollar-breaks-out-and-regains-correlation-with-the-s-p-500\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>Full disclosure: long SSO puts, short AUD\/USD<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2013. Click here to read the entire piece.) On Thursday, January 10th, China reported export growth much larger than forecasters expected. {snip} This surge helped push the Australian dollar (FXA) far enough to finally break a long-standing downtrend against &#8230; <a title=\"The Australian Dollar Breaks Out As It Regains Correlation With The S&#038;P 500\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[386,20,997],"tags":[308,310,998,309,676,448,65],"class_list":["post-16242","post","type-post","status-publish","format-standard","hentry","category-australia","category-forex","category-sp-500-analysis","tag-audusd","tag-australian-dollar","tag-correlations","tag-fxa","tag-iron-ore","tag-rydex-currencyshares-australian-dollar-trust-etf","tag-sp-500"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Australian Dollar Breaks Out As It Regains Correlation With The S&amp;P 500 - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Australian Dollar Breaks Out As It Regains Correlation With The S&amp;P 500 - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"(This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2013. Click here to read the entire piece.) On Thursday, January 10th, China reported export growth much larger than forecasters expected. {snip} This surge helped push the Australian dollar (FXA) far enough to finally break a long-standing downtrend against ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2013-01-13T00:14:01+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"The Australian Dollar Breaks Out As It Regains Correlation With The S&#038;P 500\",\"datePublished\":\"2013-01-13T00:14:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/\"},\"wordCount\":436,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2013\\\/01\\\/130110_AUDUSD.png\",\"keywords\":[\"AUD\\\/USD\",\"Australian dollar\",\"correlations\",\"FXA\",\"iron ore\",\"Rydex CurrencyShares Australian Dollar Trust ETF\",\"S&amp;P 500\"],\"articleSection\":[\"Australia\",\"Forex\",\"S&amp;P 500 Analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/\",\"name\":\"The Australian Dollar Breaks Out As It Regains Correlation With The S&P 500 - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2013\\\/01\\\/130110_AUDUSD.png\",\"datePublished\":\"2013-01-13T00:14:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2013\\\/01\\\/130110_AUDUSD.png\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2013\\\/01\\\/130110_AUDUSD.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2013\\\/01\\\/12\\\/australian-dollar-regains-correlation-with-sp500\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Australian Dollar Breaks Out As It Regains Correlation With The S&#038;P 500\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\",\"name\":\"ONE-TWENTY TWO: Trading Financial Markets\",\"description\":\"Exploring the poetry in financial markets for students of money and economy since the year 2000.\",\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\",\"name\":\"Dr. Duru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"width\":900,\"height\":100,\"caption\":\"Dr. Duru\"},\"logo\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.drduru.com\\\/onetwentytwo\",\"https:\\\/\\\/www.instagram.com\\\/drduru_market_breadth\\\/\",\"https:\\\/\\\/x.com\\\/drduru\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Australian Dollar Breaks Out As It Regains Correlation With The S&P 500 - ONE-TWENTY TWO: Trading Financial Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/","og_locale":"en_US","og_type":"article","og_title":"The Australian Dollar Breaks Out As It Regains Correlation With The S&P 500 - ONE-TWENTY TWO: Trading Financial Markets","og_description":"(This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2013. Click here to read the entire piece.) On Thursday, January 10th, China reported export growth much larger than forecasters expected. {snip} This surge helped push the Australian dollar (FXA) far enough to finally break a long-standing downtrend against ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2013-01-13T00:14:01+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png","type":"","width":"","height":""}],"author":"Dr. Duru","twitter_card":"summary_large_image","twitter_creator":"@drduru","twitter_site":"@drduru","twitter_misc":{"Written by":"Dr. Duru","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"The Australian Dollar Breaks Out As It Regains Correlation With The S&#038;P 500","datePublished":"2013-01-13T00:14:01+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/"},"wordCount":436,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png","keywords":["AUD\/USD","Australian dollar","correlations","FXA","iron ore","Rydex CurrencyShares Australian Dollar Trust ETF","S&amp;P 500"],"articleSection":["Australia","Forex","S&amp;P 500 Analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/","url":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/","name":"The Australian Dollar Breaks Out As It Regains Correlation With The S&P 500 - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png","datePublished":"2013-01-13T00:14:01+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2013\/01\/130110_AUDUSD.png"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2013\/01\/12\/australian-dollar-regains-correlation-with-sp500\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"The Australian Dollar Breaks Out As It Regains Correlation With The S&#038;P 500"}]},{"@type":"WebSite","@id":"https:\/\/drduru.com\/onetwentytwo\/#website","url":"https:\/\/drduru.com\/onetwentytwo\/","name":"ONE-TWENTY TWO: Trading Financial Markets","description":"Exploring the poetry in financial markets for students of money and economy since the year 2000.","publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/drduru.com\/onetwentytwo\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0","name":"Dr. Duru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","width":900,"height":100,"caption":"Dr. Duru"},"logo":{"@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg"},"sameAs":["http:\/\/www.drduru.com\/onetwentytwo","https:\/\/www.instagram.com\/drduru_market_breadth\/","https:\/\/x.com\/drduru"]}]}},"_links":{"self":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/16242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/comments?post=16242"}],"version-history":[{"count":20,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/16242\/revisions"}],"predecessor-version":[{"id":16273,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/16242\/revisions\/16273"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=16242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=16242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=16242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}