FOREX THEORY
Trading the Euro Crosses (Part 2)
Let’s say that the U.S. shows
positive economic data causing the USD to rise. This means that GBP/USD would
fall, driving the price of the GBP down. At the same time USD/CHF would rise,
also driving the price of the CHF down.
The drop in GBP price would then
cause EUR/GBP to rise (since traders are selling off their GBP).
The drop in CHF price would also
cause EUR/CHF to rise (since traders are selling off their CHF).
Conversely, this would also work in
the opposite direction if the U.S. showed negative economic data.
 Let’s say that the U.S. shows positive economic data causin...){kind=link}
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