Currency pairs that do not have USD influence | Forex Factory

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Currency pairs that do not have USD influence

  • #1
  • First Post: Dec 30, 2014 11:44pm Dec 30, 2014 11:44pm
hello, I just want to ask if anybody has an idea of a trading pair that have less Usd influence, because USD is having influence on some currency it does not pairs with, like Eur/jpy and Gbp/jpy,
  • #2
  • Dec 31, 2014 1:36am Dec 31, 2014 1:36am
You're right, USD influences currency crosses too. EUR often makes a move in one direction simply because USD moves the other - if USD weakens, EUR will strengthen even against other currencies. CHF and GBP are correlated to varying degrees with EUR so they are affected too.

CAD is obviously correlated to its neighbor, and JPY is a safe haven currency like USD, so heavy shifts in risk sentiment will see USD and JPY go up and down together.

That leaves AUD/NZD, as far as I can see, as the pair least affected by USD influence.
si hoc legere scis nimium eruditionis habes
  • #3
  • Dec 31, 2014 6:23am Dec 31, 2014 6:23am
Quoting numbnuts
You're right, USD influences currency crosses too. EUR often makes a move in one direction simply because USD moves the other - if USD weakens, EUR will strengthen even against other currencies. CHF and GBP are correlated to varying degrees with EUR so they are affected too. CAD is obviously correlated to its neighbor, and JPY is a safe haven currency like USD, so heavy shifts in risk sentiment will see USD and JPY go up and down together. That leaves AUD/NZD, as far as I can see, as the pair least affected by USD influence.
Thanks
  • #4
  • Last Post: Jan 1, 2015 9:19pm Jan 1, 2015 9:19pm
Even AUD/NZD is influenced by USD because AUD/USD and NZD/USD heavily influence AUD/NZD
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