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Joined Sep 2005
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Status: pip my ride
|507 Posts
Since last night the following pairs have tanked: u/j, e/u, g/u, u/ch. When the US$ base pairs decrease in price and when the US$ cross pairs decrease in price, how can you determine if the $ has weakened or strengthed?
Since last night the following pairs have tanked: u/j, e/u, g/u, u/ch. When the US$ base pairs decrease in price and when the US$ cross pairs decrease in price, how can you determine if the $ has weakened or strengthed?
Since last night the following pairs have tanked: u/j, e/u, g/u, u/ch. When the US$ base pairs decrease in price and when the US$ cross pairs decrease in price, how can you determine if the $ has weakened or strengthed?
Ignored
it could mean that the dollar didnt do anything at all, but all other currencies strengthened or weakened. for your example, the USD might have stayed at the same strength but the JPY and CHF both strengthened while the EUR and GBP both weakened. this could be because the EUR and GBP move the same way and the JPY and CHF move the same way.
