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eur/yen eur/gbp

  • #1
  • First Post: Aug 9, 2006 9:34pm Aug 9, 2006 9:34pm
Hi If I am short the eur/yen and long the eur/gbp
does that means I am long the gbp/yen?
  • #2
  • Aug 9, 2006 10:05pm Aug 9, 2006 10:05pm
Quoting jotty
Hi If I am short the eur/yen and long the eur/gbp
does that means I am long the gbp/yen?
No.
short the eur/yen = Bullush Yen
long the eur/gbp = Bearish Pound.

= Short the gbp/yen.

That being said, this is not anywhere near a 100% corelation
  • #3
  • Last Post: Aug 9, 2006 10:09pm Aug 9, 2006 10:09pm
ah, thanks for clearing that up

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