A statistical term that refers to a relationship between two seemingly independent things. In forex for example, one could argue that the Euro and the Sterling have a higher correlation than, for example, the Euro and the Brazilian Real.
The financial glossary explains various financial terms that you and your traders need to know in their foreign exchange trading career. The glossary includes terms related to finance and transactions.
Use the financial glossary tool for quick and clear reference.
A statistical term that refers to a relationship between two seemingly independent things. In forex for example, one could argue that the Euro and the Sterling have a higher correlation than, for example, the Euro and the Brazilian Real.
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