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CHART OF THE DAY: Counter-Trend Macro Correlations - 04.20.15 chart

Editor's Note: This is a brief excerpt and chart from today's Morning Newsletter. Click here for more information on how you can subscribe.

If you look at the Correlation Risk (USD vs. everything Commodities) on a 1-month basis, it’s been significant, even though the USD hasn’t corrected much on a percentage basis. Here are the 1-month moves: