
Originally Posted by
acidguy
Hi guys.
i am new to forex about 1 month baby .
1 things among many things i have been noticing in the last days, its a strange correlation between eur/usd and usd/chf(frank).
i have been noticing that when lets say the eur/usd increase in value really fast.
the another pair plummet hard too. when usd gains value against euro the usd/chf pair gains.
i am not sure but i think its because frank is pegged in some way to the euro for being in europe, is that right?
thx for any reply. i want to clear my curiosity.toothy9
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