Saturday, 25 May 2019, 11:48 am BST


Chart

This chart enables a trader to view the correlations between GBPUSD and a number of selected "indicators": commodity prices and the bond spread. The exchange rate is plotted on the left axis ("Currency"), while the bond spread and commodity prices are always plotted on the right axis ("Indicator").

There is an option to reverse either left or right axis, which can be particularly useful when looking at currencies with direct forex quote


Indicators

  • 2Y Yield Spread - is the "bond spread" between U.K. and U.S. 2-year government bonds;
  • WTI - the price of Light Sweet Crude Oil futures contract (US Dollars and cents per barrel) traded on NYMEX (CME Group);
  • Iron Ore - the price of Iron Ore 62% Fe, CFR China (TSI) futures contract (US Dollars and cents per dry metric ton) traded on NYMEX (CME Group);
  • Coffee - the price of (ArabicaCoffee C futures contract (Cents and hundredths of a cent per pound) traded on Intercontinental Exchange (ICE);
  • Cotton - the price of Cotton No. 2 futures contract (Cents and hundredths of a cent per pound) traded on Intercontinental Exchange (ICE);
  • Gold - the price of Gold futures contract (US Dollars and cents per troy ounce) traded on COMEX (CME Group); 
  • Brent - the price of Brent Crude Oil futures contract (US Dollars and cents per barrel) traded on Intercontinental Exchange (ICE);
  • Milk - the price of Whole Milk Powder futures contract (US dollars per ton) traded on New Zealand’s Exchange (NZX);
  • Sugar - the price of Sugar No. 11 futures contract (Cents and hundredths of a cent per pound) traded on Intercontinental Exchange (ICE).

Data is reviewed and updated every weekday.