The currency market can offer opportunities to trade the moves of other benchmark assets including stocks and commodities such as oil and gold, often with tangible benefits over taking a position in the target financial instrument itself. This seminar will present some of the most pronounced correlations between FX and other markets, explain why they exist, and show how to practically use them both as a way to trade non-FX instruments by proxy and as an indicator of FX price action. It will also address some of the most long-standing myths about cross-market correlations and explain why they may be true or not.