I’ve read recently (school of pipsology) about the interest rates differential between two countries and that the comparison of the currency indexes of them show accordingly strengthen or weakness . It seems more to me as a lagging indication (helpful of course) and I don’t know how to put into practice in my analysis.Moreover when I put in comparison a currency index in relation to others, except of a general overview, I can’t come to a conclusion .Any idea?
I think it’s better just to acknowledge that one can’t come to a conclusion and move on, spending one’s time on something more productive instead.
If economists and other authorities can’t agree on the significance of this, and its relation to trading (which they can’t), there are more helpful things to look at.