DislikedThis is what I object to. Someone takes a little bit of information and runs with it. Think about this for a minute. If you are long 1 lot EUR/CHF at , the postion is constructed as follows. At the current rate of aprx 1.5200
Credit 100,000 EUR
Debit 152,000 CHF
If I instead go long 1 lot EUR/giving me 100,000 EUR, and now proceed to "hedge my dollar exposure" using USD/CHF I have:
Credit 100,000 EUR
Debit 152,000 CHF
The positions are identical.
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